A period when overall inflation rates are positive but falling is called:
A. disinflation.
B. deflation.
C. inflation.
D. zero price level.
A. disinflation.
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The TANF program is funded by _____
a. user fees b. the federal government and the states c. the federal government only d. the states only
In order to help assure that all relevant factors will be considered, the capital-expenditure selection process should include the following steps except:
a. generating alternative capital-investment project proposals b. estimating cash flows for the project proposals c. reviewing the investment projects after they have been implemented d. allocate manpower to the various divisions within the firm e. a and d
The Employment Act of 1946: a. guaranteed full employment
b. allowed the federal government to hire as many people as it could to achieve full employment. c. gave the federal government the power to levy an income tax. d. imposed a responsibility on the federal government to promote maximum employment. e. obligated the federal government to run budget surpluses to achieve full employment.
Why do symmetric shocks not disturb fixed exchange rate systems?
A) Symmetric shocks happen only once and cause a one-time shift in interest rates. B) Symmetric shocks imply differences in rates of interest, which is irrelevant to fixed exchange rate systems. C) A demand shock can easily be dealt with using domestic policies that do not involve other nations. D) Symmetric shocks require the same medicine in both economies, so monetary policy will be in a direction to help both situations.