According to the classical model, if the government wanted to increase employment, it could do so by increasing its own spending. That would lead firms to produce more output, for which they would need to hire more workers
a. True
b. False
B
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Evaluate the Argentinean Convertibility Law of April, 1991
What will be an ideal response?
Both ________ and ________ were financial innovations that occurred because of interest rate volatility
A) adjustable-rate mortgages; commercial paper B) adjustable-rate mortgages; financial derivatives C) sweep accounts; financial derivatives D) sweep accounts; commercial paper
Which of the following firms is the closest to being a perfectly competitive firm?
a. the New York Yankees b. Apple, Inc. c. DeBeers diamond wholesalers d. a wheat farmer in Kansas
The summation of all individual firm marginal cost curves above the minimum of the average variable cost curve:
A. is the market shut-down point. B. is the market demand curve. C. is the market marginal revenue curve. D. is the market supply curve.