If the price of used cars rises, then the CPI will ________ and the GDP deflator will ________
A) increase; increase
B) increase; not change
C) not change; increase
D) not change; not change
E) increase; increase by more than the CPI
B
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Export tariffs are generally supported by business interests
Indicate whether the statement is true or false
Positive externalities can be internalized using persuasion, but persuasion is not effective with negative externalities.
Answer the following statement true (T) or false (F)
Refer to Table 15.3. Based on the data in the table, the primary budget deficit necessary to make fiscal policy sustainable in Saldinia is ________ of GDP
A) -5.3% B) -1.1% C) 1.1% D) 6.5%
The unemployment due to changes in the types of skills employers require is called __________ unemployment
A) structural B) cyclical C) natural D) frictional