William Julius Wilson believes that the rise of black urban poverty was caused by each of the following except
A. the rise of welfare dependency.
B. racism.
C. the decline of smokestack industries.
D. the exodus from the ghettos of the black middle and working classes.
A. the rise of welfare dependency.
Economics
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Suppose the inflation rate target is "0" and the long run federal funds target is also "0." If the inflation rate is 4% and the output gap is -2%, the federal funds rate set by the Taylor rule is ________
A) 8% B) 2% C) 5% D) 6%
Economics
If there is no Ricardo-Barro effect, a government budget surplus ________ the supply of loanable funds and ________ equilibrium investment
A) decreases; increases B) increases; increases C) increases; decreases D) does not change; does not change E) decreases; decreases
Economics