The US is experiencing a pandemic, and the Federal Reserve (Fed) wants to prevent a recession, therefore, the Fed uses its ___________________________  to try and stabilize the economy.

In the following scenario, determine how much GDP and each of its components is affected (if at all). Ford Motors builds $800 million worth of cars, but consumers only buy $600 million worth of them.

Unemployment insurance

The present value of a future sum is 

A fall in the interest rate 

Human capital is the

2011 (base yr) 2012 2013 P Q P Q P Q Good A $5 900 $10 200 $15 1050 Good B $10 192 $10 200 $20 205 Based on this table, compute the nominal GDP for 2012

The present value of a future sum is 

If a country were to increase its saving rate, in the long run it would also 

The Utility Function (Y axis is Utility and X axis is Wealth) indicates that having more wealth