In recent years Europe has experienced unemployment than the United States and

In recent years europe has experienced unemployment

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14. In recent years, Europe has experienced ______ unemployment than the United States, and employed Europeans work ______ hours than employed Americans. 15. In Zimbabwe in the 1990s the government resorted to printing money to pay thesalaries of government employees because: 16. Using the Keynesian-cross analysis, assume that the consumption function is given by C= 100 + 0.6(YT). If planned investment is 100 and Tis 100, then the level of Gneeded to make equilibrium Yequal 1,000 is:
17. If currency held by the public equals $100 billion, reserves held by banks equal $50 billion, and bank deposits equal $500 billion, then the monetary base equals: 18. The minimum amount of owners' equity in a bank mandated by regulators is called a _____ requirement. 19. In the case of unions, the conflict of interest between different groups of workers results in insiders wanting ______, while outsiders want ______. Answer Key – Version A1. A2. C3. B4. A5. B 6. C
7. B8. D9. C10. B11. D12. C13. A14. B15. C16. D17. C18. D19. B

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