In the short run, which of the following rates of growth in the money supply is likely to lead to the lowest level of unemployment in the economy?
a. 3 percent per year
b. 5 percent per year
c. 7 percent per year
d. 9 percent per year
d
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A firm's short-run average total cost curve is parallel to its short-run average variable cost curve
Indicate whether the statement is true or false
Shoeleather costs and menu costs are both costs of anticipated inflation
a. True b. False Indicate whether the statement is true or false
Monetary policy under a fixed exchange-rate regime will be
A. more effective than fiscal policy. B. more powerful with high capital mobility than with low capital mobility. C. constrained and relatively ineffective. D. likely to cause large and persistent deficits.
How has the influx of women into the paid labor force over the past half century influenced economic growth? State at least three of the six reasons given for the increase in the number of women in the paid workforce over the past half century.
What will be an ideal response?