The natural rate of output is ________
A) independent of the inflation rate
B) always lower than potential output
C) unrelated to the natural rate of unemployment
D) all of the above
E) none of the above
A
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Consider the monopolist depicted in the figure above. The profit maximizing level of output for a single-price monopolist is
A) 7. B) 11. C) 13. D) 22.
According to Keynesian economists, which of the following is not a consequence of increasing the money supply?
a. A lower interest rate. b. Greater investment. c. Lower real GDP. d. Higher real GDP.
"A reduction in gasoline prices caused the demand for gasoline to increase. The lower gas prices also led to an increase in demand for large cars, causing their prices to rise." These statements
What will be an ideal response?
Demand-side discrimination occurs when:
A. women remain in low-paying jobs because of family responsibilities. B. employers hire a man who is more qualified than a woman. C. women postpone having children in order to succeed professionally. D. employers pay women less than men for doing the same job.