During the Great Depression, the actual unemployment rate in the U.S. ________, and the natural rate apparently ________
A) increased; decreased
B) increased; remain unchanged
C) increased; increased as well
D) decreased; increased
E) decreased; remained unchanged
C
Economics
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Which of the following is NOT a reason the Fed alters the rate of growth of the money supply?
A) to influence aggregate demand B) to influence the amount of consumption C) to influence the amount of investment D) to shift the demand for money curve
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What will happen to a typical isoquant if robots become increasingly good at doing manual and mental labor?
A. Isoquants will become much flatter. B. Isoquants will become much steeper. C. Isoquants will not change but movement will occur upward on the curve. D. Isoquants will become a negatively sloped straight line.
Economics