Which of the following countries had the highest unemployment rate for workers under 25 in 2009?
A. Italy
B. France
C. Great Britain
D. Spain
D. Spain
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What percentage of American business firms are incorporated?
A. About 20 percent B. About 40 percent C. About 50 percent D. Over 60 percent
During 1980-2005, the developing countries that moved most rapidly toward economic freedom
a. achieved higher rates of economic growth, but the reductions in their poverty rates were smaller than those for countries that were less free. b. grew less rapidly, but the reductions in the poverty rates were greater than those achieved in countries that were less free. c. experienced both slower rates of economic growth and smaller reductions in poverty rates than countries that were less free. d. experienced both more rapid rates of economic growth and larger reductions in poverty rates than countries that were less free.
Refer to the information provided in Figure 32.2 below to answer the question(s) that follow.
Figure 32.2Refer to Figure 32.2. According to the ________ economists, under rational expectations an expected decrease in taxes would not change AD or AS.
A. Keynesian B. the new classical C. monetarist D. none of the above
The size of the multiplier is equal to the:
A. slope of the consumption schedule. B. reciprocal of the slope of the consumption schedule. C. slope of the saving schedule. D. reciprocal of the slope of the saving schedule.