Typically, restrictions to "save domestic jobs" simply redistribute jobs by creating:
a. employment in the protected industry and reducing employment elsewhere.
b. employment in nonprotected industries and reducing employment in the protected industry.
c. inflation in the overall economy.
d. employment in the primary sector at the expense of the secondary sector.
e. labor unions in the protected industries at the expense of employment in nonunionized industries
a
Economics
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Assuming all excess reserves are loaned out, if the reserve ratio is 3.33 percent, the money multiplier will be equal to
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In periods when GDP grows very rapidly for a long period, the actual unemployment rate will be ________ than the natural rate of unemployment
A) higher B) the same C) more variable D) lower
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