Legislative changes in government spending or tax policies is known as ______ fiscal policy.
Fill in the blank(s) with the appropriate word(s).
discretionary
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Relating to the Economics in Practice on page 338: A number of agencies in the federal government, including the EPA, use the social cost of carbon as their internal carbon fee. In 2015, this price they were paying was ________ per ton of carbon.
A. $18 B. $39 C. $62 D. $100
When a bank makes a loan, the money supply:
A. may increase or decrease depending on how the loan is used. B. decreases. C. increases. D. does not increase.
The short-run refers to a period
a. of a few days. b. when prices and wages cannot fully adjust. c. of a few years. d. during which trend cannot change. e. of analysis used in the classical model
The average person spends _________ of waking hours in some form of communication
a. 10 b. 20 c. 70 d. 90