Rutgers University granted Coca-Cola a ___________ to sell its beverages on campus.
Fill in the blank(s) with the appropriate word(s).
franchise; contract; monopoly
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Explain how some structural changes can increase the natural unemployment rate while other structural changes can decrease the natural unemployment rate
What will be an ideal response?
Using the saving-investment approach, which of the following describes an equilibrium condition of GDP?
a. I = X ? IM b. S = X ? IM c. I = S + (X ? IM) d. S = I + (X ? IM)
Suppose the federal government wants to encourage businesses to increase investment spending. Which policy may be the most effective?
A. An increase in corporate income taxes B. An increase in real interest rates C. An increase in warnings of a coming recession D. An increase in tax deductions for investment spending
The stagflation experienced in the U.S. during the late 1960s and the 1970s showed us that
A. the relationship between unemployment and inflation was not as clear-cut as presented on the Phillips curve. B. it is possible to alleviate economic stagflation through the government discretionary fiscal policy. C. the Phillips curve accurately represents the trade-off between unemployment and inflation. D. both inflation and economic expansion could exist simultaneously.