The balanced-budget multiplier always equals 1.
Answer the following statement true (T) or false (F)
True
Economics
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An individual who voluntarily leaves one job and spends a period of time seeking another is considered: a. frictionally unemployed. b. cyclically unemployed
c. structurally unemployed. d. seasonally unemployed.
Economics
The following figure shows the demand curves for baby formula. Which of the following changes is likely to happen if the price of baby formula increases?
a. a shift of the deman curve from D2 to D1
b. a movement from point b on the demand curve D1 to point c on the demand curve D2
c. a shift of the demand curve from D1 to D2
d. a movement along the demand curve D2 from point d to point c
e. a movement along the demand curve D1 from point a to point b
Economics