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