The most successful region of transition
a. Central Europe
b. Russia
c. Central Asia
d. Belarus
e. Afghanistan
A
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If the government increases unemployment benefits, then the labor
A) demand curve shifts rightward. B) demand curve shifts leftward. C) supply curve shifts rightward. D) supply curve shifts leftward. E) Both answers B and D are correct.
According to Keynesians, the primary reason money is not neutral is
A) rational expectations. B) price stickiness. C) reverse causation. D) misperceptions over the aggregate price level.
The Bertrand model of price setting assumes that a firm chooses its price
A) independently of what price other firms charge. B) subject to what price rival firms are charging. C) so that joint profits are maximized. D) without considering the shape of the demand curve.
The sentiment for increased deregulation in the late 1970's and early 1980's has been felt most significantly in the price regulation of
a. coal b. grain c. transportation d. automobiles e. electric power generation