What are the three goals of the Employment Act of 1946?
A) keep the peace, improve public education, and protect the environment
B) improve the education system, provide more job training, and expand the number of government jobs
C) full employment, price stability, and economic growth
D) full employment, better schools, and lower income taxes
Answer: C
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Based on the data in the table above, in the adjustment towards the long-run equilibrium
A) money wage rates will rise. B) the aggregate demand curve will shift leftward. C) the short-run aggregate supply curve will shift leftward. D) the short-run aggregate supply curve will shift rightward.
Fiscal policy makers may indirectly control the money supply if
A) they vote to "print" more dollars B) the Fed targets interest rates C) the Fed "prints" money as cyclical deficits increase D) the budget deficit is a structural deficit