When expansionary fiscal and monetary policies are joined with a ________ exchange rate system, the various components of economic policy often interact in ways that lead to a crisis followed by a steep recession
A) fixed
B) floating
C) crawling peg
D) flexible
C
Economics
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If the minimum wage is above the equilibrium wage rate, then an increase in the minimum wage ________ employment and ________ unemployment
A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases E) does not change; increases
Economics
The demand for loanable funds curve shows the ________ relationship between the market interest rate and the quantity of loans demanded
a. positive b. negative c. direct d. independent
Economics