Who among the following individuals most likely experiences the largest nonmonetary reward as a supplier of labor? Assume all of the four individuals have the same level of education and work the same number of hours per week
a. Albert, who prefers not to socialize and works at home by himself
b. Amy, whose job provides little intellectual and personal satisfaction
c. Antoinette, whose preference is to avoid dangerous work but works as a firefighter
d. Arnold, who works the night shift but would prefer to work during the day and sleep at night
a
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What are options for monetary easing using interest rate policy instruments when the rate has hit the zero lower bound?
a. At that point, interest rate policy cannot be used. b. Monetary easing can still occur whenever interest rates are greater than zero at the retail level. c. The central bank can increase the money supply, and interest rates can be less than zero. d. Borrowing can be stimulated in ways other than lower rates of interest.
Refer to the table above. Net exports equal
A) -$2,800 billion. B) $2,800 billion. C) $200 billion. D) -$200 billion. E) $400 billion.