True or False. Public policies to assist the unemployed as it relates to the supply side of the labor market affect how eager people are to find work

A decline in real GDP for at least two consecutive quarters is referred to as:

Externalities are a type of market failure because:

Match the definition to the correct word

True or False.  State and local government spending has remained relatively stable over the last four decades. 

Liquidity describes the following:

Match the definition to the correct word

True or False.  An international comparison of unemployment rates across countries can be easily accomplished.

Liquidity describes the following:

Suppose Bank of America has checkable deposits of $5,000,000 and a reserve requirement of 10%.  What is the money multiplier?