There are two basic ways to build up capital: (1) _____ and (2) _____.
Fill in the blank(s) with the appropriate word(s).
work more; consume less
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During a recession, the unemployment rate ________ and the percentage of part-time workers who are involuntary part-time workers ________
A) rises; rises B) rises; falls C) falls; rises D) falls; falls E) rises; does not change
When looking at this graph for the welfare effects of a subsidy, which area represents the cost of the subsidy to the government?
a. area a + b + c + d
b. area b + e + f + c + g
c. area f
d. area a + b – c
If the nominal interest rate is above the equilibrium value, then the quantity demanded of money is ________ than the quantity supplied of money, bond prices will ________, and the nominal interest rate will ________.
A. less; fall; increase B. greater; fall; increase C. less; rise; decrease D. greater; rise; increase
What are tying contracts? How are tying contracts treated by antitrust enforcers?
What will be an ideal response?