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Persistent current account deficits in the United States

can be seen as a vote of confidence in the strength of the US economy

Which of the following explains the changes in the US adult male labor force participation rate over the period 1948-2008

younger men are remaining in school longer as compared to the past

All of the following would be considered a positive addition to household wealth except

a credit card balance

Which of the following is considered a negative supply shock

an unexpected decrease in the refining capacity for oil

An increase in real GDP can shift

money demand to the right and increase the equilibrium interest rate

The Federal Reserve plays a larger role than Congress and the president in stabilizing the economy because

the Federal Reserve can more quickly change the monetary policy than the president and the Congress can change fiscal policy

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