Assume that the government tries to reduce unemployment by increasing government spending. Which of the following unwelcome effects is not a side effect of this measure?
a. Lower overall (private plus government) borrowing in the real credit market
b. Rising budget deficits.
c. Increased real risk-free interest rate
d. Higher inflation rates.
e. Crowding out.
Question 2
M2 includes:
a. Any financial assets that can be spent on real goods and services.
b. Checking accounts plus Deposits at the central bank.
c. Currency in circulation + Reserves of financial intermediaries (e.g., banks) + Checking Accounts + Near Money.
d. Currency in circulation + Checking Accounts
e. Currency in circulation + Checking Accounts + Near Money.
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
Reduce Risk of Unintentional Injury
a) Using a soft pillow rather than a hard bolster under the knees will reduce pressure on the back ...
The developed countries must reduce the level of greenhouse gas emissions
Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ...
The constitutional division of Powers Between the National Government and the States