Macroeconomics

Either supply shocks or adjusting inflation expectations can shift the short run Phillips curve. a. ...

Started by armygirl

The replacement of foreign manufactured goods by domestically manufactured goods is called _____. ...

Started by waynest

A tariff imposed on foreign imports will cause _____. a. demand for imports to increase b. ...

Started by Arii_bell

If people expect economic fluctuations to be permanent and caused primarily by supply-side shifts, ...

Started by Yi-Chen

The practice of imposing import restrictions to protect a newly developing domestic economy ...

Started by abern

The more elastic the demand curve, the ____ will be the effect of a tax on the quantity exchanged ...

Started by nelaaney

A completely and accurately anticipated expansionary monetary policy will increase real output in ...

Started by dalyningkenk

The economic development strategy aimed at exporting domestically manufactured goods is called a(n): ...

Started by khang

After a tax is imposed, a. consumers pay a higher price. b. consumers lose consumer surplus. c. ...

Started by joesmith1212

Critics of the extreme rational expectations theory argue that wages and input prices do not adjust ...

Started by Pea0909berry

To follow an outward-oriented strategy, a country that has scarce natural resources and abundant ...

Started by SO00

Which of the following is true? a. Once the equilibrium price and output is reached, all the ...

Started by tuffie

Activists believe that monetary and fiscal policy will only work if it comes as a surprise to the ...

Started by aabwk4

What is measured by the ratio of export prices to import prices? a. The terms of trade b. The ...

Started by pragya sharda

Stagflation caused by a negative supply shock makes macroeconomic policy very difficult; trying to ...

Started by Haya94

The deteriorating-terms-of-trade-argument is based on an assumption that the value of ____ will fall ...

Started by jerry coleman

A government payment to producers for the difference between a target price and the price at which ...

Started by aabwk4

There is a tendency for inflation rates to fall in countries that use inflation targeting. a. True ...

Started by SAVANNAHHOOPER23

How does the size of the deadweight loss from a tax depend on the price elasticities of supply and ...

Started by dalyningkenk

Critics of targeting a zero inflation rate believe that achieving zero inflation is almost ...

Started by jc611

The existence of dual economies support the argument for _____. a. developing domestic exports b. ...

Started by magmichele12

What is the main reason for the failure of import-substitution strategies to generate rapid economic ...

Started by jhjkgdfhk

Proponents of the monetary growth rule believe that a constant growth rate in the money supply will ...

Started by fagboi

Foreign direct investment occurs when a company: a. purchases foreign securities such as stocks and ...

Started by karlynnae

Since it is difficult to establish and enforce ownership rights over air, people have less incentive ...

Started by Mr3Hunna