The purpose of an expansionary monetary policy is to shift the:
A. aggregate demand curve leftward.
B. aggregate demand curve rightward.
C. aggregate supply curve leftward.
D. investment demand curve leftward.
B. aggregate demand curve rightward.
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A job leaver is an individual
A) in the labor force whose employment was involuntarily terminated. B) who used to work full time but left the labor force and has now reentered it looking for a job. C) in the labor force who quits voluntarily. D) who has never held a full-time job lasting two weeks or longer but is now seeking employment.
To stimulate investment spending, Congress would most likely decrease
a. personal income taxes. b. capital gains taxes. c. property taxes. d. real interest rates.
When average cost is greater than marginal cost, marginal cost must be
a. rising. b. falling. c. constant. d. The direction of change in marginal cost cannot be determined from this information.
Medicare Advantage (Part C) plans:
a. are much like traditional Medicare and do not offer maximum out-of-pocket limits. b. do not receive any federal support because private insurance companies sell them. c. are offered by private insurance companies and provide hospital, physician, outpatient, and prescription drug coverage for a single premium. d. are not very popular among seniors because they often require additional premiums. e. never include dental, vision, and hearing coverage as part of their covered services.