Macroeconomics

Which of the following stands true of corruption? a. Payment of money or gifts in order to receive ...

Started by stock

Phil and Kelly have always wanted to take a cruise. Although willing to pay 5,000 for a Caribbean ...

Started by Sufayan.ah

Explain why the Fed must choose between targeting the money supply or targeting interest rates when ...

Started by panfilo

Which of the following is a recommended strategy to increase productivity of the private sector? a. ...

Started by penguins

You have the assignment of making a recommendation to the Chairman of the Fed during a period of ...

Started by washai

As a result of the imposition of a tax on a product: a. some consumer surplus is transferred from ...

Started by natalie2426

What is the equation of exchange? What are the variables, which are in it, and how do they relate to ...

Started by geodog55

A tax on a product causes a deadweight loss because: a. some consumer surplus is transferred from ...

Started by NClaborn

The net loss to society from a tax on a product can be measured as: a. the loss in consumer ...

Started by jilianpiloj

Why is the time lag for making fiscal policy changes longer than for making monetary policy ...

Started by fagboi

If rapid population growth reduces the amount of capital per worker, thereby lowering labor ...

Started by casperchen82

Other things being equal, the less elastic demand is: a. the lower the deadweight loss is resulting ...

Started by Lobcity

Some economists believe that inflation could actually help reduce unemployment in the short-run. a. ...

Started by Starlight

Which of the following refers to a shift in government spending from the country's infrastructure to ...

Started by AEWBW

Goods that are heavily taxed, such as alcohol and cigarettes, often have: a. relatively inelastic ...

Started by dakota nelson

The Phillips Curve is steeper at higher rates of inflation and lower levels of unemployment. a. ...

Started by NClaborn

A product in the first stage of production is defined as a(n): a. basic need. b. investment. c. ...

Started by pepyto

Decreases in aggregate demand move the economy down the short run aggregate supply and up the ...

Started by pragya sharda

An inward-oriented strategy is designed to: a. expand a country's export capacity. b. lower the ...

Started by CharlieWard

Which of the following is true about consumer surplus? a. Consumer surplus is how much more ...

Started by nelaaney

The short-run Phillips curve is downward sloping but the long-run is a vertical line. a. True b. ...

Started by karen

Which of the following is true about producer surplus? a. Producer surplus is how much more it ...

Started by rachel9

The natural rate hypothesis states that the economy will self-correct back to the natural rate of ...

Started by pepyto

Quotas are designed to: a. restrict export of domestic goods to foreign markets. b. protect ...

Started by CBme

A subsidy in an industry would result in: a. an increase in consumer surplus. b. an increase in ...

Started by chads108