Which of the following is the mandate of the European Central Bank?
A) high economic growth
B) price stability
C) low unemployment
D) a fixed exchange rate
B
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The above figure shows your budget line and indifference curves. What quantities of gasoline and movie rentals would you choose?
A) 25 gallons of gasoline and 15 movie rentals B) 10 gasoline and 10 movie rentals C) 20 gallons of gasoline and 5 movie rentals D) 15 gallons of gasoline and 8 movie rentals
A decrease in the unemployment rate will shift an economy's production possibilities curve outward
a. True b. False Indicate whether the statement is true or false
According to the relationship represented by the consumption function, governments can indirectly decrease consumption spending by
A. increasing taxes. B. decreasing transfers. C. decreasing taxes. D. decreasing government spending.
Answer the following statements true (T) or false (F)
1) The United States has experienced both budget surpluses and deficits since 2000. 2) The public debt is the accumulation of all deficits and surpluses that have occurred through time. 3) The public debt is held as Treasury bills, Treasury notes, Treasury bonds, and U.S. savings bonds. 4) The crowding-out effect of the public debt may be dampened if the investment-demand curve is shifting to the right.