Charles Murray would
A. provide government jobs for everyone who is ready, willing, and able to work.
B. scrap the entire federal welfare and income-support structure for working-aged persons.
C. introduce the negative income tax.
D. do none of these things.
B. scrap the entire federal welfare and income-support structure for working-aged persons.
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In the open-economy macroeconomic model, if for some reason foreign citizens want to purchase more U.S. goods and services at each exchange rate, then
a. the demand for dollars in the market for foreign-currency exchange shifts right. b. the demand for dollars in the market for foreign-currency exchange shifts left. c. the supply of dollars in the market for foreign-currency exchange shifts right. d. the supply of dollars in the market for foreign-currency exchange shifts left.
Using the information in the table shown, the rate of inflation from 2008 to 2009 was:
A. 12.5 %.
B. 11.1 %.
C. 13 %.
D. 17 %.