Regarding fiscal policy, the new classical economists
a. are in favor of stability.
b. attempt to avoid excessive and inflationary stimulus.
c. want to avoid erratic government deficit spending.
d. All of the above
e. None of the above
D
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A new medical study reports that washing your hair everyday increases the probability of baldness. Predict the effects of this report on the market for shampoo
What will be an ideal response?
Economies of scope exist when it is less expensive to produce two or more product lines in a single firm than it is to produce them separately
a. True b. False
What does order transparency improve?
a. Planning, evaluation, and disregard b. Execution, planning, and neglect c. Planning, execution, and evaluation d. Evaluation, disregard, and neglect e. None of the above
Copayments and deductibles in insurance policies increase moral hazard.
Answer the following statement true (T) or false (F)