Counting only qualified and part-time workers as employed tends to understate the actual amount of unemployment
Indicate whether the statement is true or false
true
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AAA Company stock has a higher expected rate of return than ZZZ Company stock. All else being equal, you would expect that relative to ZZZ, AAA company stock provides
A) less risk and less liquidity. B) less risk and more liquidity. C) more risk and less liquidity. D) more risk and more liquidity.
Real business cycle proponents argue that
a. recessions are caused by movements of output away from the natural rate of output. b. prices and wages are sticky. c. macroeconomics should be based on the same assumptions as microeconomics. d. monetary policy is important in determining recessions. e. none of the above.
Effluent taxes are the most common approach used to control pollutants in the United States
a. True b. False Indicate whether the statement is true or false
By reducing the required reserve ratio, the Fed can not only create excess reserves but also increase the money multiplier
a. True b. False Indicate whether the statement is true or false