Fundamentally, fiscal policy deals with which of the following?
A. changes in the federal budget
B. changes in M1
C. changes in interest rates
Answer: A. changes in the federal budget
Economics
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A firm in a competitive input market can
A) hire workers at the going wage. B) hire additional workers only by raising wages. C) hire additional workers at lower wages because those who are still unemployed are anxious to work. D) hire additional workers only after a long search process.
Economics
Government-produced goods are added to GDP at
a. their market value. b. the value they have to their users. c. the value of the inputs used to produce them. d. the value Congress places on them.
Economics