In reality, AD rarely ________; however, the economy performs as though it does when it ________
A) decreases; fluctuates with potential GDP
B) increases; decreases at a pace much slower than potential GDP
C) stagnates; increases at a pace much faster than potential GDP
D) decreases; increases at a pace much slower than potential GDP
E) decreases; increases at a pace much faster than potential GDP
D
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Which statement holds true in the post-World War II era?
(a) There was a permanent increase in the percentage of working adult women with children. (b) Firms found it most profitable to treat women as individuals rather than groups. (c) Marriage bars returned. (d) Female participation in farming, common labor and craft work in the U.S. increased significantly.
The poverty rate for blacks is _____________ the poverty rate for non-Hispanic whites.
A. almost three times B. about 50% more than C. slightly higher than D. a little lower than
During the height of the euro-are crisis, deposits at the ECB's deposit facility surged above €800 billion because:
A. euro area commercial banks preferred the safety of deposits at the central bank. B. euro area commercial banks preferred lending to other commercial banks. C. euro area commercial banks were compelled to increase deposits by ECB policy changes. D. the deposit rate increased.
Consider the production possibilities frontier displayed in the figure shown. Which points are efficient and attainable with existing resources?
A. Only point A. B. Only point B. C. Points A, C, and D. D. Points A and D.