Automatic stabilizers:
What will be an ideal response?
tax and spending institutions that tend
to increase government revenues and
lower government spending during economic expansions but lower revenues and raise government
spending during economic
recessions
Economics
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Which component of the quantity equation is assumed constant by the quantity theory of money?
A. the money supply B. the velocity of money C. the level of income D. the price level
Economics
Since World War II, the likelihood that the job of a new college graduate will be directly or indirectly affected by world trade
A) remained constant. B) increased. C) decreased. D) fluctuated widely with no clear trend. E) increased slightly before dropping off.
Economics