Monetarists typically favor strong policy measures to fight recession
a. True
b. False
Indicate whether the statement is true or false
False
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From an initial long-run macroeconomic equilibrium, if the Federal Reserve anticipated that next year aggregate demand would grow significantly faster than long-run aggregate supply, then the Federal Reserve would most likely
A) increase interest rates. B) increase income tax rates. C) decrease income tax rates. D) decrease interest rates.
In the United States from 1935 to 2011 the share of total income earned by the bottom fifth of income earners rose and then fell
a. True b. False Indicate whether the statement is true or false
In Figure 29.1, the area that represents the consumer surplus under monopoly is
A. FPPCC. B. PmonopolyAB. C. FPmonopolyBE. D. PPCAC.
What are the main components of the current account? What has been the recent U.S. experience with these items?
What will be an ideal response?