Technological progress should lead to
A) an outward (rightward) shift in the investment function.
B) an unchanged investment function.
C) a downward movement of the investment function.
D) less saving.
A
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Which of the following is NOT included in the MZM definition of money?
A) currency. B) money market funds. C) travelers checks. D) small-denomination time deposits.
Assume that a company has several male workers who do not give their full cooperation to female supervisors making them less effective as supervisors. Economists would refer to this type of situation as ____.
A. statistical discrimination B. discrimination by fellow workers C. discrimination by employers D. non-discrimination
If a price floor of $23 were placed in the market in the graph shown, which area represents deadweight loss?
A. B + C + E + F B. C + D + F C. G D. C + F
In which of the decades below was the inflation-adjusted deficit largest?
A. The 1970s B. The 1980s C. The 1960s D. The 1950s