For interest rates to remain stable during economic contractions, the money supply would have to grow at the same rate as the demand for money

On which of the following government spending projects would the crowding out effect most likely be the greatest?

A) government spending on farm subsidies B) government spending on improvements in infrastructure C) government spending on research and development D) government spending on education

Who among the following is neither employed nor unemployed?

a. Veronica, who is currently jobless because of the recession but is available for work b. Lily, who is a journalism student working as a news reporter c. Steve, who is a civil engineer working at a construction company d. Kate, who is currently jobless gets unemployment benefits and so is not very eager to look for job