New classical economists believe that government intervention is _____________.
Fill in the blank(s) with the appropriate word(s).
destabilizing
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Use the following table to answer the next question. The base year is 2007.YearHot DogsBaseballsBottles of Beer?PriceQuantityPriceQuantityPriceQuantity2005$2.50100$2.5050$1.0010020064.001005.001002.0015020075.001005.001002.0020020088.001508.002004.00200200910.0020010.002004.00250Inflation for the year 2008 is
A. 80%. B. 76.5%. C. 71%. D. 50%.
Which of the following has occurred as the millennial generation has come of age?
A) The demand for golf equipment has decreased in the U.S. market. B) The demand for traditional fast food has increased in the U.S. market. C) The demand for "fast casual" food has decreased in the U.S. market. D) all of the above
What best describes changes in per capita output between 1860-1880?
a. The South experienced both an absolute reduction and a reduction relative to the North. b. Both the North and South grew, but the North grew faster than the South. c. The North and South both suffered absolute decreases. d. The South and the North grew and the South grew faster than the North.
Which statement is true?
A. There are at least a dozen different theories of poverty. B. The liberals and conservatives are in basic agreement about the causes of poverty. C. The liberals and conservatives are in basic agreement about how to solve the poverty problem. D. None of these statements are true.