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A budget surplus  

Efficient Markets Hypothesis (EMH) is 

Adult population of the U.S. by group, April 2011 # of employed   140 million # of unemployed   14 million not in labor force   85 million Using the data in the chart above, what is the formula for unemployment?

In the loanable funds market, a new investment tax credit

Using the loanable funds model, analyze the effects of a government budget deficit. Assume that the the government wasn’t previously running a budget deficit.  What happens to the equilibrium values of the interest rate and investment if the government starts running a budget deficit?

price of beef price of chicken 2011 $3 $5 2012 $6 $10 2013 $6 $10 CPI basket:  10 lbs beef and 10 lbs chicken. The CPI basket cost is $160 in 2012. 2012 is the CPI base year. Based on this information, the CPI for 2013 is:  

Efficient Markets Hypothesis (EMH) is 

The US is experiencing a pandemic, and the Federal Reserve (Fed) wants to prevent a recession, therefore, the Fed uses its ___________________________  to try and stabilize the economy.

Prototypes are strategies for simplifying a problem and generating a satisfactory guess.

The fundamental attribution error involves making an internal attribution for people’s behavior even when we see evidence for an external influence on behavior.