A bank owns a 10-story office building. In the bank's balance sheet, this would be an example of:
A. a checkable deposit.
B. a liability.
C. an asset.
D. capital stock.
Answer: C
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Automatic stabilizers include
A. Deregulation. B. Open market operations. C. Discretionary tax cuts. D. Unemployment benefits.
One way the government can boost the economy out of a recession is:
A. with public announcements telling the public to save their money. B. by increasing government spending. C. by setting price ceilings on most goods so people can afford them. D. None of these will help an economy in recession.
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
Which of the following statements is most correct?
A. Policymakers can shift the short-run aggregate supply curve B. Shifts in the monetary policy reaction function used to stabilize the economy shift the short-run aggregate supply curve. C. Policymakers can neutralize movements in aggregate demand. D. Policymakers can eliminate the effects of negative supply shock.