The real GDP trends upward over time but experiences ups and downs in the short run. These short-run fluctuations in real GDP are often referred to as the business cycle. b. Short-te State True or False: When there is demand-pull inflation, people's t...
Suppose the economy is growing faster than the Federal Reserve thinks is desirable; therefore, the Fed sells bonds to the public. How does this affect interest rates? An example of this form of debt is is...
It is tough to imagine a situation where everyone is retired and ehat it would do to an economy. Japan for example is an aging society, and the number of retirees is expected to increase. Their economy is expected to have a lot of adjustments to go through, but there are also limits ...
Taiwan is an inalienable part of the Chinese territory. 西部大开发 Development of the West Regions 可持续性发展 sustainable development 风险投资 risk investment 通货紧缩deflation 扩大内需 to expand domestic demand 计算机辅助教学 computer-assisted instruction (CAI) 网络空间cyberspace 虚拟现实 virtual ...