Models that focus on factors other than changes in the money supply to explain fluctuations in real GDP are called
A) rational expectations models. B) real business cycle models.
C) nonmonetary business cycle models. D) short-run macroeconomic models.
B
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In the United States, the Federal Deposit Insurance Corporation (FDIC) collects deposit insurance premiums from banks and guarantees bank deposits up to
a. $100,000. b. $200,000. c. $250,000. d. $500,000.
Which of the following countries has gone so far as to adopt the U.S. dollar as its domestic currency?
a. Panama b. Ecuador c. Zimbabwe d. all of the above
Which of the following may be used in an attempt to correct market failure?
A. Government failure. B. Laissez faire price policies. C. Laws and regulations. D. The market mechanism.
A voter who "votes with their feet":
A. leaves a community if they disagree with the policies implemented. B. count the number of their toes. C. walk many miles to get to the polling station. D. judge a candidate based on the size of their shoes.