Macroeconomics

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North's (1955) theory of economic location is that of balanced growthmany industries in each region ... Started by ETearle	1 Replies 87 Views	Jun 30, 2018 by SamMuagrove
GDP is an imperfect measure of well-being because a. it does not measure standards of living. b. ... Started by Hungry!	1 Replies 85 Views	Jun 30, 2018 by mjbamaung
A relatively steep money demand schedule reflects the assumption that the interest elasticity of ... Started by Tirant22	1 Replies 93 Views	Jun 30, 2018 by mohan
If an economy initially starts away from the steady state ________. A) output will gradually fall ... Started by lbcchick	1 Replies 145 Views	Jun 30, 2018 by steff9894
According to the new classical view, if the money supply and prices fall but output remains the same ... Started by penza	3 Replies 68 Views	Jun 30, 2018 by rachel
A variable that the Federal Reserve focuses on because it has a direct link to the variables the Fed ... Started by hbsimmons88	1 Replies 68 Views	Jun 30, 2018 by brbarasa
The equilibrium effects of a prospective future increase in total factor productivity include A) ... Started by daltonest1984	1 Replies 114 Views	Jun 30, 2018 by DHRUVSHAH
After 1616, Virginia shifted more and more scarce resources out of food production and into tobacco ... Started by EAugust	1 Replies 84 Views	Jun 30, 2018 by Jadwiga9
Relative to fiscal policy, monetary policy a. has fewer harmful side effects. b. requires much ... Started by WWatsford	1 Replies 76 Views	Jun 30, 2018 by sylvia
The object of U.S. technological choices, according to Rosenberg (1963), was to conserve scarce ... Started by scienceeasy	1 Replies 52 Views	Jun 30, 2018 by brittiany.barnes
If the real wage is equal to 8 widgets, and only an integer number of workers can be hired, the ... Started by sc00by25	1 Replies 69 Views	Jun 30, 2018 by shoemake
The American colonies have a rich and deep history in international trade and immigration. ... Started by rl	1 Replies 487 Views	Jun 30, 2018 by Jmfn03
American manufacturers rapidly dropped waterwheels when the steam engine was introduced. Indicate ... Started by Chloeellawright	3 Replies 149 Views	Jun 30, 2018 by amandanbreshears
Suppose total government spending is increased permanently by ten percent, with no change in tax ... Started by pane00	1 Replies 92 Views	Jun 30, 2018 by alvinum
Labor demand is decreasing in the wage because A) the substitution effect is larger than the ... Started by evelyn o bentley	1 Replies 152 Views	Jun 30, 2018 by Fayaz00962
The growth of cities and population usually accompanies growth in commercial activity and vice ... Started by krzymel	1 Replies 68 Views	Jun 30, 2018 by braelync
If the money supply increases at the same time that taxes increase, then: a. interest rates will ... Started by BrownTown3	1 Replies 69 Views	Jun 30, 2018 by jjorrostieta
According to the classical model, in the labor market a. perfect information about the market ... Started by soccerdreamer_17	1 Replies 89 Views	Jun 30, 2018 by cuttiesgirl16
A bill of exchange necessitated the use of coin and bullion and thus restricted the growth of ... Started by Cooldude101	1 Replies 56 Views	Jun 30, 2018 by Anna
The IS curve will shift to the right if: a. the government deficit decreases. b. consumer ... Started by nelaaney	1 Replies 52 Views	Jun 30, 2018 by pallen55
With respect to an auction market, a. labor and output are assumed to be traded in markets that ... Started by yoroshambo	3 Replies 66 Views	Jun 30, 2018 by todom5090
The U.S. lowered tariffs in the 1850s because of a budget surplus. Indicate whether the statement ... Started by mspears3	1 Replies 69 Views	Jun 30, 2018 by peilian
One criticism of the new classical model is that it does not have an adequate explanation for a. ... Started by Yolanda	1 Replies 61 Views	Jun 30, 2018 by LegendaryAnswers
Assume that the Fed is targeting interest rates. If a desirable new type of bank deposit increases ... Started by V@ndy87	1 Replies 53 Views	Jun 30, 2018 by succesfull
A vertical aggregate supply schedule implies that a. real wages cannot impact output. b. ... Started by cnetterville	1 Replies 65 Views	Jun 30, 2018 by kthug