The intellectual leader of new classicals is
A) Edward Prescott.
B) John Taylor.
C) Stanley Fischer.
D) Ben Bernanke.
A
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Spending on an education is considered an investment because it involves a sacrifice of current income for higher expected future income.
Answer the following statement true (T) or false (F)
Is a depreciation of the dollar/euro exchange rate correlated with a decrease in the dollar return on U.S. deposits?
What will be an ideal response?
A business incurs the following costs per unit: Labor - $5/unit; Materials $3/unit and rent - $5000/month. If the firm produces 100 . units a month, the total costs equals
a. $5,000 b. $8,000 c. $13,000 d. $3,000
According to the graph shown, if this economy were to open to trade, surplus would:
This graph demonstrates the domestic demand and supply for a good, as well as the world price for that good.
A. increase overall.
B. decrease for the producer.
C. transfer from producer to consumer.
D. increase for the consumer.