Both Horwitz (1973) and Scheiber (1975) emphasize the restraining effects of judicial formalism on U.S. economic growth in the antebellum period
Indicate whether the statement is true or false
False
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A decrease in interest rates by the Fed based on a given and unchanged policy reaction function represents a ________ the aggregate demand curve, and lower interest rates resulting from a downward shift in the Fed's policy reaction function represents a ________ the aggregate demand curve.
A. movement down; shift right of B. shift left of; shift right of C. movement up; movement down D. shift left of; movement up
Why do many people choose NOT to read the manuals included with their new computer?
A) They perceive that learning by doing decreases costs faster than learning by reading. B) They perceive that learning by doing is more enjoyable than learning by reading. C) They perceive that learning by reading is not sophisticated. D) They believe that the manuals are not accurate.
Perfectly elastic demand curves are vertical
a. True b. False Indicate whether the statement is true or false
Use the following table to determine which statement is true.YearRevenuesGovernment Expenditures194639.355.2194738.554.5194841.629.8194939.438.8195039.442.6
A. The debt fell from 1946 to 1950. B. The debt rose each year from 1946 to 1950. C. In 1946 and 1950, the budget was in deficit, while from 1948 to 1949, the budget was in surplus. D. In 1946 and 1950, the budget was in surplus while from 1948 to 1949, the budget was in deficit.