Restricting demand will lower inflation but
A. aggravate the unemployment problem.
B. reduce the unemployment rate.
C. have no impact on the unemployment rate.
D. None of the above is correct.
Answer: A
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________ played a large role is removing lead from the atmosphere in the United States
A) Pigovian taxes B) The Coase Theorem C) Emissions charges D) Marketable permits
Most economists believe that labor unions significantly increase the overall unemployment rate in the United States
Indicate whether the statement is true or false
A preferred shareholder
a. receives a stated dividend yield if profits are sufficient b. can vote at shareholder meetings on important corporate matters c. can vote at shareholder meetings only on the election of the members of the board of directors d. can convert his or her shares into common shares e. receives a dividend before bondholders receive anything
Suppose in 2007, nominal GDP in Clarendon was $12,840 billion and real GDP was $10,560 billion. Calculate the value of the implicit price deflator. Follow the convention of multiplying price indexes by 100.
A. 21.59 B. 82.24 C. 121.59 D. 177.57