Suppose we are plotting the relationship between the unemployment rate and the growth rate of real GDP
If the unemployment rate is measured along the vertical axis and the growth rate of real GDP is measured along the horizontal axis, we will get a(n) ________.
A) downward sloping curve B) horizontal straight line
C) vertical straight line D) upward sloping curve
A
Economics
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Which of the following is a possible government solution to the problem posed by a good with an external benefit?
A) Give a voucher to buyers of the good. B) Tax the consumption of the good. C) Tax the production of the good. D) All of the above are possible solutions.
Economics
Bank reserves increase when the Treasury finances an expenditure through
A) taxation. B) borrowing from the non-bank public. C) borrowing from the banking system. D) borrowing from the Fed.
Economics