In 2012, the U.S. federal government had a budget deficit. If there is no Ricardo-Barro effect, the budget deficit ________ the real interest rate and ________ the equilibrium quantity of investment.
A) lowered; increased
B) raised; increased
C) lowered; decreased
D) raised; decreased
E) did not change; did not change
Question 2
Suppose an economy experiences a permanent increase in its natural unemployment rate. This change leads to
A) a downward movement along the short-run Phillips curve.
B) a leftward shift of the short-run Phillips curve.
C) a rightward shift of the short-run Phillips curve.
D) an upward movement along the short-run Phillips curve.
E) no change in the short-run Phillips curve.
Energy budget for a temperate deciduous forest (data from Gosz et al. 1978).
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
A person with a defective "P" gene might only have it effect the EYES
Thorndike’s Puzzle Box and the Law of Effect (2 of 2)
Effect of Atmospheric Stability
The Effect of Using PPP on Comparisons of GDP