It is ________ difficult to effectively time fiscal policy than monetary policy because ________
A) more; fiscal policy can be quickly decided and changed
B) more; fiscal policy takes longer to implement
C) less; monetary policy takes longer to implement
D) less; monetary policy takes longer to decide and change
B
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Human capital includes investments in education and skills
Indicate whether the statement is true or false
The term "the affluent society" was coined by
A. Michael Harrington. B. John Kenneth Galbraith. C. Karl Marx. D. Adam Smith.
When someone is both poor and old, they are on
A. Medicare only. B. Medicaid only. C. a separate program called "Eldercaid." D. both Medicare and Medicaid.
Related to the Economics in Practice on page 216: According to the survey discussed in the Economics in Practice,
A. workers were willing to give up other benefits, but not their wages, to avoid employer discretion in hours. B. workers were willing to give up 20 percent of their wages to avoid employer discretion in hours. C. workers were not willing to give up any of their wages to avoid employer discretion in hours. D. almost all workers were willing to give up over 50 percent of their wages, but almost none were willing to give up other benefits, to avoid employer discretion in hours.