The empirical data indicate that in the short run exchange rates are much more variable than inflation differentials
Indicate whether the statement is true or false
TRUE
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Assume that consumption spending is equal to $600, government spending is $100 billion, and GDP is $800 billion. If net exports are equal to zero, investment spending must be
A) $700 billion. B) $600 billion. C) $500 billion. D) $100 billion.
According to Hughes and Cain (2011), what did the Populists want?
(a) To use the federal government to redistribute income and wealth (b) A more direct democracy that limited the powers of state legislatures (c) A secret voting ballot and public education (d) All of the above
The labor supply curve for a monopsony is
A) perfectly horizontal. B) perfectly vertical. C) upward sloping but not perfectly vertical. D) downward sloping.
A landlord requiring potential tenants to provide a rental history is an example of:
A. screening. B. signaling. C. statistical discrimination. D. building a reputation.