Refer to the diagram for a private closed economy. The multiplier is:
A. GF/DE.
B. GF/GB.
C. FE/GF.
D. AB/GF.
D. AB/GF.
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The table below shows how total donations, average donations, total labor costs and average labor costs vary depending on the number of employees State U hires for its fundraising activities.Number of EmployeesTotal DonationsAverage DonationsTotal Labor CostsAverage Labor Costs1$30,000 $8,0002$42,426 $17,000 3 $17,321$27,000 4$60,000 $9,5005 $13,416$50,000 The total value of donations raised by three employees is:
A. $48,911. B. $51,963. C. $43,899. D. $45,000.
By the time the Civil War (1861–1865) ended, hyperinflation was a problem in both the North and the South
Indicate whether the statement is true or false
According to the Taylor rule, the Fed should:
a. lower the fed funds rate by 2.0% if inflation rises 1.0% above its target of 1.0%. b. raise the fed funds rate by 2.0% if inflation rises 1.0% above its target of 1.0%. c. lower the fed funds rate by 0.5% if inflation rises 1.0% above its target of 2.0%. d. raise the fed funds rate by 0.5% if inflation rises 1.0% above its target of 2.0%.
The OPEC oil shocks in 1973-1974 are an example of:
A) favorable supply shock, shifting the short-run aggregate supply curve rightward.
B) favorable supply shock, shifting the short-run aggregate supply curve leftward.
C) adverse supply shock, shifting the short-run aggregate supply curve rightward.
D) adverse supply shock, shifting the short-run aggregate supply curve leftward.