Which of the following is not a tool of fiscal policy?

What will be an ideal response?


money supply

Economics

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Which of the following is likely to shift the labor supply curve to the left, assuming all else equal?

A) A rise in the wage rate B) A social change that discourages women to participate in the labor force C) A fall in the wage rate D) Decrease in the maximum amount of unemployment benefits

Economics

What is the price level?

What will be an ideal response?

Economics

Both monopolies and monopolistically competitive firms set marginal revenue equal to marginal cost to maximize profit. Given the same cost curves, would you expect prices to be higher in a monopoly or a monopolistically competitive market?

What will be an ideal response?

Economics

Which can be negative?

A. only the nominal rate of interest B. only the real rate of interest C. both the nominal and real rates of interest D. neither the nominal nor the real rate of interest

Economics