The current debate about fiscal and monetary policy tends to focus on
A. which policy is less destabilizing.
B. which policy is more effective.
C. whether the Fed can control the money supply.
D. which policy works more quickly.
Answer: D
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When people become unemployed because of a higher minimum wage, this type of unemployment is called
What will be an ideal response?
A nation's account with the IMF is called its
A. capital account. B. current account. C. deposit surplus. D. quota subscription.
Refer to the information provided in Table 23.2 below to answer the question(s) that follow.
Table 23.2
Refer to Table 23.2. Society's MPC is
A. 0.1. B. 0.2. C. 0.8. D. 0.9.
Rick lost his job as a logistics and distribution coordinator nearly three years ago. After a long and failed search, Rick finally gives up and stops looking for a new job
Rick's decision to suspend his job search causes the unemployment rate to ________ and the labor force participation rate to ________. A) increase; decrease B) decrease; decrease C) stay the same; decrease D) increase; stay the same E) increase; increase