Along the short-run Phillips curve SRPC0 the expected inflation rate is
A) 7 percent.
B) 3 percent.
C) 6 percent.
D) an amount that can be determined from the figure, but none of the above answers is correct.
E) an amount that cannot be determined from the figure.
B
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An important observation about the NAAQS is that
a. they are set at the regional level to recognize different demographics and traffic patterns b. all regions must meet the same standard, making efficiency achievement highly unlikely c. they are uniform across all regions including PSD areas d. they have been amended to include GHG air pollutants
Antitrust laws in the United States
A) are an attempt to foster competition. B) are not necessary in the twenty-first century. C) have not been used in the past twenty-five years. D) are the same as the laws in the European Union.
If your disposable personal income increases from $30,000 to $40,000 and your savings increases from $2,000 to $4,000 . your marginal propensity to save (MPS) is:
a. 0.2. b. 0.4. c. 0.5. d. 0.8. e. 1.0.
European corporations have been described with the term:
a. laissez faire b. indirect capitalism c. shareholder capitalism d. managerial capitalism e. all of the above