All of the following are true, except
a. Bubbles are prices that cannot be explained by normal economic forces
b. Many economists don't think bubbles exist
c. Many economists have a clear idea about how to model bubbles
d. All of the above are true
c
Economics
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Which of the following describes a discretionary fiscal policy action/program?
A) the progressive income tax system B) The government increases funding for the Dislocated Worker Program, a federal initiative that provides retraining and career counseling. C) the unemployment compensation program D) the system of welfare programs
Economics
In a typical year, how accurate are forecasts of inflation and real GDP?
a. within 8-10 percentage points b. within 2-3 percentage points c. within 3/4 of 1 percentage point d. within 1/4 of 1 percentage point
Economics