The multiplier means that the response to fiscal policy is not completed immediately.
Answer the following statement true (T) or false (F)
True
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The natural rate of unemployment is calculated by adding together the ______ rates of unemployment.
a. cyclical and frictional b. cyclical and structural c. frictional and structural d. cyclical, frictional, and structural
Which of the following is NOT considered investment?
A. A family builds a house in which it plans to live. B. A car dealer stores some of this year's models for next year. C. An individual purchases several pieces of antique furniture. D. A firm buys a computer for word processing.
Suppose Well-Made Pharmaceuticals knows that its newest prescription drug can cause severe side-effects, but it doesn't inform the users of the prescriptions about these side-effects. When the side-effects become public knowledge after an investigation,
A. the demand curve will shift to the right. B. the price will decrease. C. the supply curve will shift to the left. D. the quantity will increase.
The slope of a line is the change in the y-axis variable divided by the change in the x-axis variable
Indicate whether the statement is true or false