If wages and prices are flexible, an anticipated change in the money supply has no effect on
A) money demand.
B) nominal interest rates.
C) real GDP.
D) the inflation rate.
C
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In the United States in 2011, there were 104 fatalities per 100,000 workers in the logging industry. This is the second-highest rate after the fisheries industry
Everything else equal, would you expect workers in the logging industry to be paid higher wages than workers with similar levels of education in other industries? Explain.
Which of the following are accurate arguments suggesting that the fiscal stimulus did work?
a. Real GDP growth moved from negative to positive in 2009. b. Employment increased in 2009. c. The economy has natural self-correcting mechanisms. d. The return on bailout assets reduced the deficit.
The equilibrium solution for the following payoff matrix is: AABA: ?1, B: ?1A: 5, B: 0BA: 2, B: 2A: 10, B: 1
A. 10, 1. B. ?1, ?1. C. 5, 0. D. 2, 2.
After the formation of North American Free Trade Agreement (NAFTA), Mexico became a more attractive country for business investments of foreign firms.
Answer the following statement true (T) or false (F)