Multiple Choice
Unemployment, at the aggregate level
A) is zero in a perfect world.
B) is a sign of market failures.
C) is avoidable.
D) can be prevented with sound government policy.
E) is consistent with a well-functioning economy.
Correct Answer:
Verified
Correct Answer:
Verified
Q51: When a country has a current account
Q52: The response of monetary and fiscal policy
Q53: One consequence of government deficits is<br>A) lower
Q54: The recovery from the 2008-2009 recession<br>A) was
Q55: Neo-Fisherism says<br>A) the central bank should increase
Q56: New Keynesian Theory<br>A) specifies financial markets as
Q58: The basic structure of a macroeconomic model
Q59: The real interest rate is<br>A) equal to
Q60: More government spending<br>A) can compete with private
Q61: The government surplus is the same as<br>A)