The alternatives of the active versus passive view of stabilization policy are usually expressed as
A. fiscal policy versus monetary policy.
B. internal versus external.
C. present value versus future value.
D. discretion versus rules.
Answer: D
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All of the following are true about outsourcing of jobs except that it
A. Reduces costs and increases profits for companies. B. Ultimately leaves the United States worse off. C. Increases specialization. D. Occurs because labor is cheaper in other countries.
Microfinance is aimed at introducing entrepreneurs among the very poorest parts of the developing world to the capital market.
Answer the following statement true (T) or false (F)
It is still the conventional wisdom in the U.S. that compliance with NAFTA requirements is having a deleterious effect on U.S. highway safety standards, on U.S. pollution and other environmental standards, and on U.S. jobs
What facts would proponents of an expansion of NAFTA (e.g., to include all of Central and South American countries) need to marshall in order to convince you?
An example of a private good would be
a. a library book. b. a rose garden. c. an internet radio subscription. d. a sleeping bag.