If policy makers wanted to use both monetary and fiscal policy to stimulate demand and reduce a high rate of unemployment, which of the following would be most appropriate?
a. A larger budget deficit and the purchase of securities in the open market by the Fed
b. A government surplus and the sale of securities in the open market by the Fed
c. A larger government deficit and an increase in the discount rate
d. A larger government surplus and a reduction in the discount rate
Question 2
Suppose workers expect the inflation rate to be 3.6 percent and they receive a nominal wage increase of 7.5 percent. If the actual inflation rate turns out to be 2.8 percent, workers will receive a lower real wage than expected.
a. True
b. False
Indicate whether the statement is true or false
(a) With few ticks, moose retain a brown coat; (b) at high numbers of ticks, moose self-groom, destr
(a) With few ticks, moose retain a brown coat; (b) at high numbers of ticks, moose self-groom, destr
The Laguna Santero, Retablo and high altar of the Church of San José, Old Laguna Pueblo, New ...
Graduating High School
The introduction of a new generation of electric and hybrid cars will reduce the demand for oil
Find the factor demand for labour and the amount of output it will produce. Show all ...