The New Deal may be summarized by the words, ___________, ____________ and ___________.


Fill in the blank(s) with the appropriate word(s).


relief; recovery; reform

Economics

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The above figures show the market for HD televisions. If the price of the LCD screens used to produce these televisions falls, which figure shows the effect of this change in price?

A) Figure A B) Figure B C) Figure C D) Figure D E) None of the figures represent this change.

Economics

The central macroeconomic concept that is most clearly related to changes in the well-being of the average member of the economy is the

A) unemployment rate. B) inflation rate. C) productivity growth rate. D) None of the above is closely related.

Economics

Suppose the demand for pizza in a small isolated town is p = 10 - Q. There are only two firms, A and B, and each has a cost function TC = 2 + Q

Compare the firms' profits if they behave as Cournot duopolists with their profits if they form a cartel and share the market.

Economics

The larger the expansionary gap, the greater the pressure on what?

a. exchange rate b. real wages c. price level d. interest rates

Economics