If the U.S. government were to note that because drug companies can sell their drugs in Canada and make a profit at those regulated prices and impose a similar set of regulations in the U.S., this would have the effect of
A. lowering the price of drugs in the U.S.
B. increasing the motivation for U.S. drug companies to innovate in the future.
C. eliminating all profit for drug companies.
D. increasing the motivation for Canadian drug companies to innovate in the future.
Answer: A
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In 2010, the debt-to-GDP ratio for the United States was approximately equal to
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If the actual unemployment rate is below NAIRU, the change in the inflation rate will be positive.
Answer the following statement true (T) or false (F)