Which of the following is true concerning IRA's, 401(k) and 403(b) plans?
a. Not everyone is eligible to put funds into them.
b. There are restrictions on the amount of funds that can be put into them.
c. Except under unusual circumstances, there are penalties for withdrawals before retirement.
d. All of the above are correct.
d
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Which of the following are motivations for those seeking redistributive transfers?
a. The creation of more income equality. b. To help out those who are less fortunate c. To create a more just economic system. d. a and b e. all of the above
When aggregate demand shifts right along the short-run aggregate supply curve, unemployment
a. falls, so there are upward pressures on wages and prices. b. falls, so there are downward pressures on wages and prices. c. rises, so there are upward pressures on wages and prices. d. rises, so there are downward pressures on wages and prices.
(Last Word) Which of the following explanations argues that the Great Recession resulted from asset-price bubbles caused by euphoria and debt-fueled speculation?
A. Minsky explanation. B. Austrian explanation. C. Stimulus explanation. D. Structural explanation.
If there is an expectation that the price of a good will increase in the next month, this would immediately
A. move its supply curve to the left. B. move its supply curve to the right. C. cause a movement along the supply curve to a (higher price, higher quantity) point. D. cause a movement along the supply curve to a (lower price, lower quantity) point.