Which government policy raises the interest rate and raises investment spending?
An investment tax credit.
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Smartphones at Work In most departments, Macy's clerks are paid an hourly rate. As a consequence, they would prefer to spend the time goofing off than helping customers. The store developed a number of policies to combat this preference. For example,
supervisors roam the store breaking up congregations of employees who are gossiping. However, with the advent of smartphones, employees can pass the time surfing the web, playing games, or posting to social media. How can Macy's alter compensation so as to combat this new form of shirking?
The equation GDP = C + I + G + NX best describes the
a. the output approach to measuring GDP b. the factor payments approach to measuring GDP c. the value added approach to measuring GDP d. the expenditures approach to measuring GDP e. the exchanges approach to measuring GDP
Consider two activities: Attending economics class and reading an economics textbook. Zack thinks he can learn economics by either attending class or reading the textbook. Zoe knows she learns best by both attending class and reading the textbook. Use indifference curves to illustrate each person's preferences for attending class and reading the text.
What will be an ideal response?
The Federal Open Market Committee meets
A. once a month. B. eight times a year. C. four times a year. D. semi-annually.