Which of the following items results in an increase in the economy's measured GDP ceteris paribus?
a. more leisure time
b. higher quality goods
c. cleaner air
d. increased medical expenditures
e. reduced workplace accidents
D
Economics
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Which of the four countries has an opt-out and chose not the adopt euro yet:
a. Germany b. Denmark c. France d. Austria
Economics
Suppose that the central bank must follow a rule that requires it to increase the money supply when the price level falls and decrease the money supply when the price level rises. If the economy starts from long-run equilibrium and aggregate demand shifts right, the central bank must
a. increase the money supply so interest rates rise. b. increase the money supply so interest rates fall. c. decrease the money supply so interest rates rise. d. decrease the moneys supply so interest rates fall
Economics