Policies to increase the supply of money in the economy are primarily a concern of microeconomics
a. True
b. False
Indicate whether the statement is true or false
False
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A decrease in the rental rate of capital can lead to a long run increase or decrease in the number of firms in the industry.
Answer the following statement true (T) or false (F)
The annual colonial trade deficit (which equaled 20,000-40,000 pounds sterling in 1768-1772) was mostly financed by:
a. an outflow of specie. b. paper money. c. short-term credit from England. d. payments made by a few very wealthy colonists.
One way to reduce pressure for Mexicans to cross the U.S. border illegally is to create job opportunities in Mexico
a. True b. False
The natural rate of unemployment worsens if:
a. Unemployment benefits drastically improve. b. Capital markets become more competitive. c. A nation's resource endowments expand. d. All of the above. e. Actually, the natural rate cannot worsen. That's why it's called "natural."