The natural rate of unemployment
a. arises from a single problem that has a single solution.
b. is easy for policymakers to reduce.
c. Both a and b are correct.
d. None of the above is correct.
d
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Two of the earliest colleges with residence courses were Stout Institute in Wisconsin and the University of:
a. Illinois b. Georgia c. Alabama d. Mississippi
From the economist's point of view
A) wants and needs are exactly the same. B) a want is a lifesaving necessity. C) needs are objectively undefinable. D) we all have wants but only very poor people have needs.
The assumption that the velocity of money and the quantity being produced is constant is held by the:
A. Keynesian school. B. supply-side school. C. classical school. D. rational expectations school.
If households save $40 billion less at each level of income and the MPC=0.8, the aggregate expenditure line will
What will be an ideal response?