Which of the following is closely associated with activists?
a. external shocks to the economy
b. aggregate demand management
c. policy changes that come follow fixed rules
d. avoiding supply shocks
b
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A . What is the difference between common stock and preferred stock? b. If you are highly risk-averse, would you be more likely to invest in common stock or preferred stock? Explain
A local ordinance prohibiting leaf burning is an example of
a. inefficient government b. obligatory controls c. a pollution compensation tax d. the bubble concept e. creating a new property form
A competitive market is one in which there
a. is only one seller, but there are many buyers. b. are many sellers, and each seller has the ability to set the price of his product. c. are many sellers, and they compete with one another in such a way that some sellers are always being forced out of the market. d. are so many buyers and so many sellers that each has a negligible impact on the price of the product.
If a technological advance increases a firm's labor productivity, we would expect the firm's:
A. total cost to rise. B. average total cost to rise. C. average total cost to fall. D. average total cost to be unaffected.