Which of the following is an automatic stabilizer?

a. Unemployment insurance
b. Government spending
c. Net taxes
d. The interest rate
e. The minimum wage set by the government

a

Economics

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A) A recent news report stated that the unemployment rate in the country Lithasia had increased from 10.2% to 18.2% from 2003 to 2013 and that the government has adopted strict fiscal measures to expand employment

Would this report be considered microeconomic or macroeconomic analysis? b) Students in a class are discussing how a monopolist should determine his profit-maximizing output. Would this discussion be considered microeconomic or macroeconomic analysis?

Economics

Money's function as a medium of exchange means that

A) money is a common denominator for expressing the prices of goods and services. B) money can be used to store wealth. C) money serves as an acceptable means of payment. D) money requires a double coincidence of wants.

Economics