Monetary neutrality is the idea that
Why are interest payments considered mandatory spending in…
Why are interest payments considered mandatory spending in the federal budget?
Alphadonia has an annual real gross domestic product (GDP)…
Alphadonia has an annual real gross domestic product (GDP) of $75.5 billion and a population of 2.5 million. The Beta Republic has a real GDP of $54.6 billion and a population of 1.8 million. Which of the following is true?
You borrow money for a new car at a nominal rate of 4%; in…
You borrow money for a new car at a nominal rate of 4%; inflation is 3%. From this information, we know that the
An example of an intermediate good would be
An example of an intermediate good would be
When a party that is protected from risk behaves different…
When a party that is protected from risk behaves differently than if it were fully exposed to the risk, this is called
If government outlays in 2018 were $3.5 trillion, includin…
If government outlays in 2018 were $3.5 trillion, including interest on debt, and government revenues were $2.8 trillion, the federal
If your income increases by $400 and you consume only $250…
If your income increases by $400 and you consume only $250 of it and save the rest, your marginal propensity to consume is equal to
Keynesian economists believe that
Keynesian economists believe that
__________ is the demand for a good or service that result…
__________ is the demand for a good or service that results from the demand for another good or service.