Attempts by the government to reduce the rate of inflation often result in higher unemployment in the short run
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following factors does NOT shift the supply of loanable funds curve?
i. change in disposable income ii. change in wealth iii. change in expected profit A) i only B) ii only C) iii only D) ii and iii E) i and ii
A change in the level of the supply of money
A) increases the long-run values of the interest rate and real output. B) decreases the long-run values of the interest rate and real output. C) has no effect on the long-run values of the interest rate, but may affect real output. D) has no effect on the long-run values of real output, but may affect the interest rate. E) has no effect on the long-run values of the interest rate and real output.
What does the supervisor need to do with Jones? What kinds of compromises or adjustments does Jones need to make in order to become a team member?
What will be an ideal response?
Economists observed the following growth rates in the fourth quarter of 1995: real GDP = 2.8 percent; M1 = 7.8 percent; GDP deflator = 2.2 percent. Given this data, the growth of velocity was approximately
A. ?7.8 percent. B. ?5.0 percent. C. ?2.8 percent. D. ?2.2 percent. E. ?2.0 percent.