Policies to encourage higher personal saving rates include ________
A) lowering income taxes
B) lowering sales taxes
C) increasing the quantity of money
D) raising asset prices
E) reducing interest rates
A
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Use the following graph to answer the next question.
If the supply of money was $200 billion, the interest rate would be
A. 1%. B. 2%. C. 3%. D. 4%.
Even when the Obama administration succeeds with its effort to gain Congressional approval for its stimulus proposals, it will still take time for these policies to actually work. The time it takes for these policies to work is known as
A) automatic stabilization. B) crowding out. C) inside lags. D) outside lags.
Towards the end of the twentieth century, some of the world's more affluent countries experience robust growth while others experienced growth slowdown or even stagnation. Which of the following is not a reason for the divergent growth trend?
A. disparities in the rate of accumulation of human capital B. unwillingness to enforce property rights C. disparities in the employment rate D. differences in macroeconomic policymaking that allow producers to take a long-term view
Which of the following reasons is not a likely explanation as to why college completion rates are greater, on average, for whites than for blacks?
A. Tuition costs are lower for whites than blacks. B. Whites have access to more financial capital to pay for college than blacks. C. Postcollege wages are higher for whites than for blacks. D. Whites are more able to postpone earnings at age 18 than are blacks. E. Whites have greater access to higher quality public education at the elementary and secondary level.