All games involve which of the following?
A. Strategies
B. Someone to enforce the rules
C. Cards or dice
D. Full information
A. Strategies
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Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as 
A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward
In the mid-to-late 1990s, changes in the health care industry, substantially reduced health care costs relative to other goods and services. Which of the following is an appropriate description of the mechanism behind this supply shock?
A) The AS curve likely shifted to the right which likely explains the short-run fall in unemployment. B) The ensuing increase in productive capacity led to the rightward shift of the LRAS which is a likely explanation for the protracted decline in the unemployment rate of the 1990s. C) A positive output gap would have resulted in the short-run but it was eventually closed by a rightward shift of the LRAS which is a likely explanation for the protracted decline in the inflation rate of the 1990s. D) all of the above E) none of the above
The tax cuts of 1981 and 1986
a. stimulated the economy and tax revenues increased to eliminate deficits b. stimulated the economy as supply-side economists predicted it would c. depressed the economy as supply-side economists predicted it would d. had neither a noticeable stimulating nor depressing effect on the economy e. were found to be unconstitutional and so couldn't have had the effect on the economy that the President had hoped
What are the basic differences between bonds and stocks?