Will future generations have to deal with the national debt?
Both of these are reasons why future generations will not have to deal with the national debt.
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Keynesians believe that the most important shocks for affecting the business cycle are
A) productivity shocks. B) aggregate supply shocks. C) aggregate demand shocks. D) government spending shocks.
When an economy is operating at its full employment rate of output:
a. the rate of unemployment will be zero. b. output will exceed the economy's maximum sustainable rate. c. the actual rate of unemployment will equal the natural rate. d. the economy's potential rate of output will exceed actual GDP.
Suppose that a business discovers an opportunity that requires funds to exploit. What effect would this have in the market for loanable funds?
A. It will decrease interest rates and the quantity of funds lent will rise. B. It will decrease interest rates and the quantity of funds lent will fall. C. It will increase interest rates and the quantity of funds lent will rise. D. It will increase interest rates and the quantity of funds lent will fall.
The Taft-Hartley Act of 1947 outlawed
A) strikes. B) make-work rules and forcing unwilling workers to join a union. C) right-to-work states. D) none of the above.