Which of the following is a statement with positive economic analysis?
A) Lower wages increase employment and reduce the unemployment rate.
B) Slower money growth reduces inflation.
C) A reduction in the size of the budget deficit will reduce interest rates.
D) all of the above
Answer: D
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What will be an ideal response?
The statistical indicators of business cycle changes contain
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Input-output analysis was developed by Wassily Leontief
a. True b. False Indicate whether the statement is true or false
If the reserve ratio is 10 percent, the money multiplier is equal to 10.
Answer the following statement true (T) or false (F)