Rapid increases in military spending by the federal government without accompanying increases in real output could be a cause of cost-push inflation
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Rational expectations theory suggests that government or central bank policies designed to change aggregate demand will be effective
a. True b. False Indicate whether the statement is true or false
Economics
In 2016 final sales equal $500 billion and the change in business inventories is -$40 billion. GDP in 2016 is
A. -$40 billion. B. $460 billion. C. $500 billion. D. $540 billion.
Economics
Which region or regions represent the producer surplus in the monopoly outcome?
a. A + B + C b. B + E + F c. B + C + D d. C + F + D
Economics
Refer to the figure above. What is the equilibrium quantity of labor hired by the firm when the wage rate is $4 per hour?
A) 10 hours B) 20 hours C) 50 hours D) 70 hours
Economics