An economy with an expansionary gap will, in the absence of stabilization policy, eventually experience a(n) ________ in the inflation rate, leading to a(n) ________ in output.
A. decrease; increase
B. increase; increase
C. decrease; decrease
D. increase; decrease
Answer: D
Economics
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If a non-binding price floor were to be set in the market in the graph shown, it could be set at:
A. $30.
B. $23.
C. $16.
D. All of these would be binding price floors for this market.
Economics
Q.E.
What will be an ideal response?
Economics
The shape of the total-cost curve is inversely related to the shape of the production function
a. True b. False Indicate whether the statement is true or false
Economics
What antitrust rule was Apple and five of the nation's largest publishers accused of in April 2012?
a. predatory pricing b. per se illegal c. tying contract d. exclusive dealing
Economics