If the economy is producing at capacity and consumers are willing and able to buy more even more goods, this may cause
A. Cost-push inflation.
B. The price effect.
C. Demand-pull inflation.
D. Supply-side inflation.
Answer: C
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Which of the following would most likely reduce the birthrate?
(a) public health improvements (b) an increase in child mortality (c) a decline in the availability of secondary education (d) a reduction in the opportunity cost of a woman's time (e) all of the above.
Which of the following is not an example of a transfer payment?
A. social security. B. sales tax. C. unemployment benefits. D. workman’s compensation.
If firms are experiencing falling inventories, one can expect that firms will cut production
a. True b. False Indicate whether the statement is true or false
What do "increasing the reserve requirement ratio" and "increasing the discount rate" have in common?
What will be an ideal response?