Activist macroeconomists believe that fiscal and monetary policy ______.

a. have little or no function in trying to influence the economy
b. can stimulate or dampen the economy in the short-run
c. are only effective tools when applied over the long-run
d. are only effective when they are used in ways the public was not expecting

b. can stimulate or dampen the economy in the short-run

Economics

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Per capita GNP is defined as a country's GNP divided by its

A) population. B) labor force. C) capitalists. D) None of the above.

Economics

_______________ is the practice of hiring people in other countries to do a job that was once done domestically

A) Offshoring B) Onshoring C) Insourcing D) Megasourcing

Economics