Which would not increase the productivity of labor?
A) An increase in the size of the labor force
B) An increase in the quality of capital
C) An increase in the quantity of capital
D) An increase in technology
E) An increase in the efficiency of energy
A
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To ensure interest rate parity, a decrease in the interest rate on Euroyen relative to Eurodollar deposits will require a greater expected appreciation of the Japanese yen against the U.S. dollar
a. True b. False Indicate whether the statement is true or false
Believers in fixed rules maintain that
a. with accurate forecasts, we can see inflation coming at least one year ahead of time. b. the length of stabilization lags is not important because fiscal policy actions are taken quickly and the economy feels the effect on aggregate demand quickly. c. we should forget about discretionary policy and put the economy on autopilot, relying instead on automatic stabilizers and the economy's self-correcting mechanism. d. the economy's self-correcting mechanism is slow and not very reliable, even with automatic stabilizers.