The clearest indicator of a switch to a less expansionary fiscal policy is a
A) rise in the actual deficit.
B) fall in the actual deficit.
C) rise in the natural employment deficit.
D) fall in the natural employment deficit.
D
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The aggregate supply curve
A) becomes vertical if there is excess production capacity within the economy. B) shows a negative relationship between the price level and real Gross Domestic Product (GDP). C) shows what each producer is willing and able to produce at each income level. D) relates planned aggregate production to price level.
Pam buys only thread and fabric, and she buys the quantities that maximize her utility. Her marginal utility from a spool of thread is 30 units and her marginal utility from a yard of fabric is 60 units
If the price of a spool of thread is $4, then you are sure that the price of a yard of fabric is ________. A) $4 B) $2 C) $8 D) $12
The SMarT program is designed to overcome which common barrier to saving?
A. Status-quo bias B. An unwillingness to forgo current consumption C. The program was designed to overcome both A and B. D. The program was designed to overcome neither A nor B.
Contingent workers are those who have no regular employment arrangement (such as a 40-hour week), but rather work as and where there is work to be done.
Answer the following statement true (T) or false (F)