If government purchases increase and net taxes decrease, _____
Fill in the blank(s) with the appropriate word(s).
output and employment will increase.
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When allocating resources using market price
A) everyone who is willing and able to pay for a good gets one. B) everyone who wants a good gets one. C) everyone who is willing to pay for a good gets one. D) everyone who is able to pay for a good gets one.
Economists who have studied the Phillips curve have concluded that it can shift due to all of the following EXCEPT
A) demand shocks. B) supply shocks. C) changes in household expectations of inflation. D) changes in firms' expectations of inflation.
Demand deposits $125,000,000 Time deposits: Original maturity (less than 18 months): $1 billion Original maturity (18 months or more): $500 million Use the information above to find this bank's required reserves.
What will be an ideal response?
Trade adjustment assistance provides special unemployment benefits, loans, retraining programs, and other aid to workers and firms that are harmed by foreign competition.
Answer the following statement true (T) or false (F)