The country of Stanley is at an above-full-employment equilibrium. Which of the following events will return Stanley to full employment?
A) an increase in government expenditures
B) a decrease in the interest rate
C) an increase in the money wage rate
D) an increase in the quantity of money
C
Economics
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What is the underground economy?
(A) Costs of such things as personal safety, vacations, and sick pay. (B) The goods and services people make or do themselves. (C) The amount spent for environmental cleanup and similar products. (D) Products and income that are not reported as income to the government.
Economics
_______ ________theory argues that the greater the? rewards, the more rapid the pace of technology. And greater rewards spur research and development.
Fill in the blank(s) with the appropriate word(s).
Economics