The monetary stimulus post-September 11, 2001, achieved some desired effects within the year.
Answer the following statement true (T) or false (F)
True
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Big Pools is large swimming complex. Suppose senior citizens have a demand for entrance into Big Pools that is more than half of the adults demand for entrance and there are an equal number of senior citizens and adults. If Big Pools practices two-part pricing, to earn greater profit, Big Pools ________ adjust the membership fee to include ________.
A) should not; senior citizens B) should; only adults C) should; senior citizens D) should not; adults
Countercyclical fiscal policy can
a. only be employed in reaction to an existing recession b. only be employed in reaction to an existing boom c. be employed to prevent a potential recession or boom or in reaction to an existing recession or boom d. only be employed to prevent a potential boom e. only be employed to prevent a potential recession
The figure below shows the market for shoes in a small importing country. Dd and Sd are the domestic demand and supply curves of shoes, respectively.
Following the imposition of a tariff, the domestic consumer surplus ________ by the area
A. decreases; d. B. increases; (b + d). C. decreases; (a + b + c +d). D. increases; (D0 - D1).
According to ________, the level of employment is determined by the level of aggregate demand for goods and services.
A. Keynes B. the Classicals C. supply-side economists D. Marx