Blog

In the short run, a supply shock that shifts the short-run aggregate supply curve leftward ________ real GDP and ________ the price level.

Engage with your environment, pay close attention details, get off cruise control and becoming aware of our surroundings, apply a beginner’s mind all help to build __________.

In the above figure, point B represents

If the government wants to engage in fiscal policy to increase real GDP, it could

If investment increases by $300 and, in response, equilibrium aggregate expenditure increases by $600, then the multiplier must be

Which of the following bodies are responsible for the conduct of monetary policy?

A “helping” culture where colleagues support and help one another has been linked to increased creativity. It also has been shown to be positively and significantly related to ________.

In January 2013 certain tax rates increased, which were predicted to increase the federal government’s tax revenue. An increase in tax revenue ________ the government’s budget deficit and over time thereby ________ the amount of government debt.

In an economy with no income taxes or imports, the multiplier equals

During an expansion, tax revenues ________ and government transfer payments ________.