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