Incomes policies of the federal government include:
a. presidential jawboning.
b. wage-price guidelines.
c. wage-price controls.
d. All of these.
d
You might also like to view...
The curve that shows the relationship between inflation and unemployment when the economy is at full employment is the
A) aggregate supply curve. B) long-run Phillips curve. C) long-run Okun's curve. D) aggregate demand curve. E) short-run Phillips curve.
The table below shows data for Japan
2008 2009 M1 growth rate 0.7 0.9 Inflation rate 0.4 -0.3 Assuming the rate of velocity change is constant, real GDP A) grew by 0.3 percent in 2008. B) grew by -1.2 percent in 2009. C) grew by 1.1 percent in 2008. D) grew by 0.9 percent in 2009.
Use the concept of supply and demand to explain why an increase in Medicare subsidies can lead to an increase in health care spending by the government
What will be an ideal response?
Britain's departure from the gold standard in September 1931 ____ bank closures in the United States because ____
a. decreased, the British decided to invest their gold in the U.S b. increased, anyone who wanted gold had to withdraw it from U.S. banks c. decreased, Britain could now follow expansionary monetary policies at home d. increased, people realized that the United States was about to "bail out" Britain with large loans