In response to an unanticipated easing of monetary policy, the price level ________ at first, then ________ after a year
A) rises; returns most of the way to its original value
B) falls; returns most of the way to its original value
C) remains roughly unchanged; begins to rise
D) remains roughly unchanged; begins to fall
C
Economics
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The main cost of a college education is
A) tuition if one goes to a private college and room and board if one goes to a public college. B) dependent upon whether one's parents pay for the college or not. C) the lack of practical experience from spending time in college. D) the opportunity cost of not working.
Economics
Automatic stabilizers occur ______________, and only offset part of the shifts in aggregate demand.
a. slowly b. quickly c. in the long run d. monthly
Economics