Most monetarists favor:
a. frequent changes in the growth rate of the money supply to avoid inflation.
b. placing the Federal Reserve under the Treasury.
c. a steady, gradual shrinkage of the money supply.
d. a constant increase in the money supply year after year equal to the potential annual growth rate in real GDP.
d
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Due to ongoing drought conditions, many cities in Texas have implemented water conservation measures which prevent homeowners from watering their lawns more than two times per month. Prior to the drought conditions, no restrictions were in place
Discuss this measure from the villain/victim standpoint. Explain who the villains and victims are, and if they really are villains and victims?
At 2015 prices, the value of production in 2016 was 6 percentage points higher than in 2015. At 2016 prices, the value of production in 2016 was 4 percentage points higher than in 2015
Using the chain-weighted output index, real GDP is ________ in 2016 than in 2015. A) 10 percent greater B) 5 percent greater C) 7.5 percent greater D) 4 percent smaller
In order to see how the labor market works as a whole, we need to add up all the:
A. supply curves of individual workers and the demand curves of individual firms to find market level supply and demand. B. observed equilibrium wages across all individual markets and take the weighted average. C. demand curves of individual workers and the supply curves of individual firms to find market level demand and supply. D. None of these statements is true.
Assume that deciding to do internally something that was once purchased from a company upstream offers a 10 percent return. What is the cost of this decision?
A) 10 percent. B) less than 10 percent. C) What was given up to do it internally. D) Not enough information is provided.