The impact of higher taxes would be examined by
A) a microeconomist.
B) a macroeconomist.
C) both a macroeconomist and a microeconomist.
D) neither a macroeconomist nor a microeconomist.
C
Economics
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Both the long-run and the short-run Phillips curves shift if
A) the expected inflation rate changes. B) the expected unemployment rate changes. C) the natural unemployment rate changes. D) expected real GDP changes. E) the actual inflation rate changes.
Economics
If you will receive $3,000 three years from today and the discount rate is 7 percent, the present value of the $3,000 is
a. $2,779 b. $3,770 c. $1,658 d. $1,962 e. $2,449
Economics