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In class, we discussed the idea that companies may be moving…

In class, we discussed the idea that companies may be moving their AI demand from ___ to ___.

Published November 13, 2025
Categorized as Uncategorized

Imagine that the economy grows 2% in real terms during the y…

Imagine that the economy grows 2% in real terms during the year and productivity increases 5%. The best guess is that we ___ jobs (or hours worked).

Published November 13, 2025
Categorized as Uncategorized

According to the NY Fed, ___ than half of workers believe th…

According to the NY Fed, ___ than half of workers believe that if they lose their job, they could find another job in the next three months.

Published November 13, 2025
Categorized as Uncategorized

According to Greg Mankiw’s speech, “The Fiscal Future,” the…

According to Greg Mankiw’s speech, “The Fiscal Future,” the debt-to-GDP ratio normally ___ during a recession.

Published November 13, 2025
Categorized as Uncategorized

The United States government currently pays approximately __…

The United States government currently pays approximately ___ of interest expense each year.

Published November 13, 2025
Categorized as Uncategorized

In class, Sandy suggested that it was horrible that ___ end…

In class, Sandy suggested that it was horrible that ___ end up losing their income from a government shutdown and will never get that income back.

Published November 13, 2025
Categorized as Uncategorized

In our class about Greg Mankiw’s speech, Sandy argued that M…

In our class about Greg Mankiw’s speech, Sandy argued that Mankiw was understating the tax rate in the US because he was ignoring differences (with other countries) in ___.

Published November 13, 2025
Categorized as Uncategorized

David Kelly of JPM discussed five reasons (income effect, we…

David Kelly of JPM discussed five reasons (income effect, wealth effect, price effect, exchange rate effect, and expectations effect) to argue that the economy ___ particularly sensitive to changes in the Fed funds rate.

Published November 13, 2025
Categorized as Uncategorized

In Powell’s press conference (at the end of the FOMC meeting…

In Powell’s press conference (at the end of the FOMC meeting), Powell said that when inflation is high and the labor market is weakening, it’s not surprising that the dispersion among FOMC participants’ forecasts would be ___.

Published November 13, 2025
Categorized as Uncategorized

If the labor market is tight (meaning that there is a shorta…

If the labor market is tight (meaning that there is a shortage of workers), we normally expect ___ to experience larger pay raises than ___.

Published November 13, 2025
Categorized as Uncategorized

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