A circuit breaker is concerned with
A. faulty tax wiring.
B. residential property taxes.
C. corporate tax systems.
D. block grants.
B. residential property taxes.
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Suppose the marginal product of labor is MPN = 200 - 0.5Nwhere N is aggregate employment. The aggregate quantity of labor supplied is 300 + 8w, where w is the real wage. What is the equilibrium real wage?
A. 5 B. 20 C. 10 D. 15
Zero lower bound refers to:
A. a bank with zero excess reserves. B. a situation where there is little to no inflation C. the rate that the Federal Reserve is currently paying on bank reserves D. a level below which the Fed cannot further reduce short-term interest rates
If a country wants to promote future growth, it should
A. produce more capital goods today. B. produce more consumer goods today. C. produce only needed goods. D. produce only economic goods.
When interest rates in the U.S. decline, we can expect capital:
A. inflows and outflows to decrease. B. inflows and outflows to increase. C. inflow to decrease, and outflow to increase. D. outflow to decrease, and inflow to increase.