In economics, secondary effects refer to the
What will be an ideal response?
indirect effects that often result from an action or policy change.
You might also like to view...
What is the relationship among the AD, SRAS and LRAS curves when the economy is in macroeconomic equilibrium?
What will be an ideal response?
Throughout most of the post-World War II period, the use of capital controls by governments around the world was declining. But in the late 1990s, a number of governments expressed renewed interest in capital controls
What accounts for this renewed interest?
Entry into an oligopoly is
a. possible for anyone b. time consuming c. relatively easy d. impossible e. relatively difficult
Referring to Figure 1.9, if a point represents unemployment, it is in 
A. AREA #1 but not on the curve. B. AREA #1 or is on the curve. C. AREA #2 or is on the curve. D. AREA #2 but not on the curve.