Government austerity measures are more likely to resolve a sovereign debt crisis if ________
A) the real interest rate falls along with inflation
B) the fiscal multipliers are especially large
C) no aid is available from other countries, so the government is not tempted to abandon the austerity plan
D) citizens, also, adopt austerity
A
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U-1 is a more ________ measure of unemployment rate than the conventional U-3 measure and U-1 counts as unemployed workers who ________
A) narrow; have been unemployed for 15 weeks or more weeks B) broad; have been laid off C) broad; are marginally attached to the labor force D) narrow; have been laid off E) broad; who are discouraged workers
A commercial bank's main goal is to
A) provide loans to its customers. B) maximize the wealth of its stockholders. C) lend money to the Federal Reserve Banks. D) open checking accounts. E) help the government when it needs money.