Consider a broom factory that permanently closes because of foreign competition. If the broom factory's workers cannot find new jobs because their skills are no longer marketable, then they are classified as:

Government revenue from printing money is referred to as:

A) menu costs. B) seigniorage. C) shoeleather costs. D) excise tax

Which of the following is blamed for the lack of increased business investment spending on new factories and machinery during the 1930s?

(a) The new presence of government's large-scale economic activity caused business to lose some of its former confidence. (b) The general outlook stressed caution. (c) A much lower rate of population growth and family creation depressed the housing market. (d) All of the above.