A goal of expansionary monetary policy is to:
A) decrease the rate of growth of real GDP.
B) increase the rate of growth of real GDP.
C) increase inflation.
D) none of the above.
B
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Which of the following individuals is NOT counted as unemployed?
A) Jackie, who was recently fired and is now applying for another job B) Jennifer, who just graduated from college and is now seeking employment with the company of her dreams. C) Jamil, who recently quit his job and is looking for a new position D) Jack, who has become discouraged about ever finding a job and has stopped looking
Which type of financial intermediary is NOT considered a "thrift institution"?
A) commercial banks B) savings-and-loans C) mutual savings banks D) credit unions
Table 5-2 Number of coconuts 0 1 2 3 4 Robinson’s marginal utility C $2.00 $1.88 $1.60 $1.30 ? According to Table 5-2, Robinson’s total utility from having two coconuts is ____.
A. $1.87 B. $1.66 C. $3.88 D. not determinable from the information in the table
Considering all taxes collected at all levels, taxation in the United States is _____ when looked at in terms of lifetime income
a. proportional b. slightly progressive c. slightly regressive d. n-shaped