Economic growth is a result of
What will be an ideal response?
an increase in the supply of resources.
Economics
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During early 2001, the Fed unexpectedly increased the money supply. The effect of this policy was a
A) downward shift of the short-run Phillips curve. B) rightward shift of the long-run Phillips curve. C) upward shift of the short-run Phillips curve. D) movement upward along the short-run Phillips curve. E) movement downward along the short-run Phillips curve.
Economics
What are the costs associated with inflation?
What will be an ideal response?
Economics
What are money market mutual funds?
Economics
How does the self-correcting mechanism act to pull the economy out of a recession?
Economics