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In order for currency to be widely used as a medium of exchange, it is sufficient for the government to designate it as legal tender.
Q2: The automatic stabilizers in the U.S.economy are
Q17: During recessions,unemployment insurance payments tend to rise.
Q20: Frictional unemployment is often the result of
Q21: If expected inflation increases,the short-run Phillips curve
Q26: The model of aggregate demand and aggregate
Q35: An increase in the expected price level
Q47: Full-time students and homemakers are included in
Q48: In the circular-flow diagram,households and firms are
Q52: Almost nine-tenths of all spells of unemployment
Q125: The introduction of a union into a