The portion of the Obama stimulus package that provided unemployment benefits for longer than the usual 26 weeks is best thought of as
A. discretionary (and contractionary) fiscal policy.
B. discretionary (and expansionary) fiscal policy.
C. monetary policy.
D. nondiscretionary fiscal policy.
Answer: B
Economics
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Average total cost is equal to average variable cost minus average fixed cost
Indicate whether the statement is true or false
Economics
The marginal revenue curve of a monopolistically competitive firm will always lie:
A. below the firm's demand curve. B. parallel to the firm's demand curve. C. parallel to the firm's quantity axis. D. above the firm's demand curve.
Economics