In a typical month of expansion, the U.S. economy sheds about 3.8 million jobs but creates only 2.8 million new ones
Indicate whether the statement is true or false
false
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Printing dollar bills without limit.
Answer the following statement(s) true (T) or false (F)
Open market operations that represent an attempt to offset short-term fluctuations in bank reserves are known as
A) defensive open market operations. B) dynamic open market operations. C) temporary open market operations. D) equilibrating open market operations.
Which of the following statistics confirm the rise in de-integration in the U.S. post 1970s?
a. The average number of industrial sectors a firm operated in increased substantially in 1997. b. Employment in the business services industry that supplied contract employees grew by almost five times as much as non-farm employment. c. Between 1977 and 1999, imports of the U.S. firms from foreign affiliates as a percentage of total imports increased substantially. d. Between 1977 and 1999, imports of the U.S. firms from unrelated suppliers as a percentage of total imports declined.
In long-run perfect competition, no firm can earn a normal profit
Indicate whether the statement is true or false