What happens in public schools when government funds subsidize education?
A) There is a shortage of schools.
B) The quality of education rises.
C) The cost of providing the education is less than what the student pays.
D) The cost of providing the education is more than what the students pays.
Answer: D
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Inflation targeting refers to conducting ________ policy so as to commit the central bank to achieving a ________
A) monetary; publicly announced level of inflation B) fiscal; publicly announced level of inflation C) fiscal; zero inflation rate D) monetary; zero inflation rate
When is disclosure economically desirable?
If interest rates in the U.S. increases relative to interest rates in Europe:
A. the price of U.S. assets should increase. B. the supply of euros on the foreign exchange market would increase. C. the demand for dollars on the foreign exchange market would increase. D. all of the answers given are correct.
The deviation of unemployment from its natural rate is called
a. the economic rate of unemployment. b. cyclical unemployment. c. frictional unemployment. d. structural unemployment.