An inside lag is the time period it takes for the stabilization policies to take effect after they have been implemented.

Answer the following statement true (T) or false (F)


False

Economics

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All else equal, if individuals save less because inflation lowers returns on savings, this should ________ the supply of loanable funds and ________ the capital stock

A) increase; raise B) increase; reduce C) decrease; raise D) decrease; reduce

Economics

Consider the following short-run production function: q = 5 - 1/3 . At what level of L do diminishing marginal returns begin? At what level of L do diminishing returns begin?

What will be an ideal response?

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Consumers are willing to pay a higher price for a ________-quality good because it provides them with ________ benefits.

A) higher; less B) lower; more C) lower; less D) higher; more

Economics

If diminishing marginal returns is in effect

A) marginal costs fall. B) marginal costs rise. C) average costs fall. D) average revenue is constant.

Economics