Which of the following individuals is responsible for developing the life cycle theory of consumption?
A) Friedman
B) Modigliani
C) Keynes
D) Lucas
B
Economics
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When a person reenters the labor force and looks for a job after spending time at home raising a child
A) cyclical unemployment increases. B) structural unemployment decreases. C) frictional and cyclical unemployment increase. D) frictional unemployment increases.
Economics
The balance sheet of a depository institution lists:
a. loans to private individuals as assets. b. excess reserves as liabilities. c. checkable deposits as liabilities. d. required reserves as liabilities. e. loans from the central bank as assets.
Economics