In which of the following conditions is the inflation rate likely to fall and the unemployment rate likely to rise?
A. hyperinflation
B. stagflation
C. recession
D. boom
Answer: C
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Older workers are:
A. Much more likely to migrate than younger workers because older workers have lower moving costs B. Much less likely to migrate than younger workers because older workers are more likely to have children at home C. Much more likely to migrate than younger workers because older have lower implicit costs of migrating D. Much more likely to migrate than younger workers because younger workers have stronger roots and ties to the local community
Refer to Figure 13-1. Ceteris paribus, a decrease in the price level would be represented by a movement from
A) AD1 to AD2. B) AD2 to AD1. C) point A to point B. D) point B to point A.
Which of the following would be expected if the tariff on foreign-produced automobiles were increased?
What will be an ideal response?
Which of the following is most likely to cause a rightward shift of the investment demand curve?
What will be an ideal response?