Which of the following ideas reflect the Monetarist macroeconomic model?
i) The Monetarist model supports the Classical model, in general.
ii) Decreases in the growth rate of the quantity of money trigger recessions.
iii) Government intervention is an appropriate tool to steady the economy.
A) i and ii B) ii and iii C) i only D) i, ii and iii E) i and iii
A
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Microsoft's purchase of a factory in Mexico is entered into the U.S. balance of payments accounts as a
A) positive entry in the capital and financial account. B) positive entry in the current account. C) negative entry in the settlements account. D) negative entry in the capital and financial account. E) negative entry in the current account.
The above table shows answers given by people interviewed in the Current Population Survey. Which people are structurally unemployed?
A) A, B, C, and D B) A, B, and C C) B and C. D) A, B, and D