The Phillips curve appeared to fit the data well for the United States in the
A) 1960s.
B) 1970s.
C) 1980s.
D) 1990s.
A
You might also like to view...
In the Keynesian model, the larger the marginal propensity to consume, the:
a. larger the multiplier. b. larger the marginal propensity to save. c. higher the income level of the economy. d. smaller the change in income derived from a given change in government spending.
FOMC voting rights a. are given to all twelve regional bank presidents. b. rotate among the twelve regional bank presidents
c. rotate among the twelve regional bank presidents, except the president of the New York Fed, who always gets a vote. d. are all given to the president of the New York Fed, since all of the Fed's bond sales and purchases are conducted at the New York Fed trading desk.
Regression analysis that analyzes the relationship between one dependent variable and several independent variables is called:
A) simple regression analysis. B) correlation analysis. C) multiple regression analysis. D) cluster analysis.
Which of the following is an example of in-kind transfer?
a. Social security benefits b. Food stamps c. Disability pensions d. Unemployment compensations e. Earned income tax credit