Which of the following would make the spending multiplier smaller?
A) a reduction in marginal propensity to save
B) a small initial trade deficit
C) a reduction in the marginal propensity to import
D) a real appreciation
E) none of the above
Question 2
Which of the following explains why the original Phillips curve relation disappeared or, as some economists have remarked, broke down in the 1970s?
A) Individuals assumed the expected price level for the current year would be equal to the actual price level from the previous year.
B) Individuals assumed that expected inflation would be zero
C) Individuals changed the way they formed expectations of inflation.
D) Monetary policy became contractionary.
E) More labor contracts became indexed to changes in inflation.
The nurse can make observations about the patient's general appearance while talking with the p
Galaxies Forming by Combining Smaller Units
Galaxies Forming by Combining Smaller Units
Early in the twentieth century, when malnutrition was common, companies such as this one advertised
A good disinfecting solution you can make yourself consists of 1 part bleach to 10 parts water.
Organic approaches and the reduction of inputs and pollution