Multiple Choice
The questions with which Chapter 16 is concerned include each of the following except
A) how has the structure of economic theory changed over the course of the past century?
B) what are future prospects for successful management of the business cycle?
C) how has economic policy changed over the past century?
D) why does unemployment in Europe remain so high?
Correct Answer:

Verified
Correct Answer:
Verified
Q4: In the twentieth century, the bulk of
Q5: Since the mid-1980s the U.S. economy<br>A) has
Q6: The automatic stabilizers which have been developed
Q7: Investment spending initially _ after 1929 due
Q8: If international trade continues to increase,<br>A) the
Q10: Nominal interest rates decreased after 1929,<br>A) but
Q11: Between the United States Civil War in
Q12: In the 1990s in Japan<br>A) the IS
Q13: If liquidity constraints - the inability to
Q14: In western Europe since the 1970s<br>A) the