History has shown that over the long run, labor-saving technology has actually not reduced employment
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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The quantity theory of money asserts that inflation is the result of growth in
A) the quantity of money. B) potential GDP. C) the natural rate of unemployment. D) money wage rates.
Economics
The lag between the time at which a policy is put in place and the time that policy affects the economy is called
A) the recognition lag. B) the impact lag. C) the implementation lag. D) the theoretical lag.
Economics