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Home Search Your Textbook Macroeconomics

Questions for: Macroeconomics — 5e

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Which of the following decreases money demand?

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The optimal consumption bundle is the point representing a consumption-leisure pair that is on theA)

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The matching function captures the idea that

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Problems with interpreting the unemployment rate as a measure of labor market tightness include

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If the government replaces a lump sum tax with a proportional labor income tax, then

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A government policy that is consistent with real business cycle theory would be for

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The household budget constraint may have a kink because

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In the monetary small open-economy model, a flexible exchange rate insulates the domestic price leve

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Supply-side economists argue that (Multiple Choice Question)

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In the intertemporal model with money, the optimal amount of money is

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For the period 1947-2012 in the United States, the money supply was

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Improvements in a country's standard of living are brought about in the long run by

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Total factor productivity shocks are not a good explanation of economic fluctuations in the New Keyn

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Capital, K, includes (Multiple Choice Question)

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When drawn against the real interest rate, the output demand curve unambiguously shifts to the right

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The base year matters for the computation of real GDP because

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For a competitive equilibrium in a two-period model, all of the following must be true except

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There is evidence that income per worker is converging in

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In response to a temporary increase in government spending, the representative consumer consumes

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In the real intertemporal model with investment

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