For the long run, neo-Keynesians believe that attempts to decrease the unemployment rate will
a. not succeed but will cause the rate of inflation to rise
b. succeed but will also cause the rate of inflation to rise
c. succeed and cause the rate of inflation to fall
d. not succeed but will cause the rate of inflation to fall
e. succeed but only at the expense of real GDP
A
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What are three reasons that employees may prefer to save through pensions provided by employers rather than through savings accounts?
What will be an ideal response?
Parity pricing refers to
a. a price floor that creates a desired relationship between the prices farmers have to pay for goods they buy and the prices they get for goods they sell b. a price ceiling that creates a desired relationship between the prices farmers have to pay for goods they buy and the prices they get for goods they sell c. the subsidization of farm prices in markets where new technology is adapted d. the government's price intervention to create parity among various farm product prices, such as the price per bushel of corn, wheat, or soybeans e. the government's price intervention to create income equality (or parity) among farms producing identical goods, such as corn or cotton, according to farm size
The reserve ratio refers to the ratio of a bank's:
A. reserves to its liabilities and net worth. B. capital stock to its total assets. C. checkable deposits to its total liabilities. D. required reserves to its checkable-deposit liabilities.
Collectivization costs involve ensuring that all parties live up to promises made during bargaining
Indicate whether the statement is true or false