In response to the financial crisis which followed the housing bubble collapse, policy-makers feared stimulating demand would cause:
A. high inflation despite low economic growth and high unemployment.
B. high inflation despite high economic growth and low unemployment.
C. low economic growth despite low inflation and low unemployment.
D. high unemployment despite low inflation and low economic growth.
A. high inflation despite low economic growth and high unemployment.
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What branch of economics involves the collection and use of data to test economic theories? Why is this task often more difficult in economics than it is in physical sciences?
What will be an ideal response?
Which of the following would lead to an increase in the demand for computer software?
a. A decrease in the price of computer software. b. A decrease in the price of personal computers. c. An decrease in the cost of producing computer software. d. An decrease in personal income.
What are some mechanisms for encouraging ethical behavior?
What will be an ideal response?
Other things remaining the same, the greater the expected profit
A) the less the amount of investment. B) the greater the amount of investment. C) the steeper is the investment demand curve. D) the flatter is the investment demand curve.