The use of expansionary fiscal and monetary policy just prior to elections is known as the ________
A) electoral college
B) time-inconsistency problem
C) Watergate scandal
D) political business cycle
D
Economics
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Animal skins, livestock, tobacco, teeth and rocks have historically served as a medium of exchange, unit of account, store of value and method of deferred payment
Indicate whether the statement is true or false
Economics
A report indicated that the average real wage in manufacturing declined by 2% between 1990 and 2000. If the CPI equaled 1.30 in 1990, 1.69 in 2000, and the average nominal wage in manufacturing was $35 in 2000, what was the average nominal wage in manufacturing in 1990?
A. $27.47 B. $26.92 C. $21.13 D. $26.40
Economics