Fill in the blank: Your authors claim ________ has been the rule rather than the exception through almost all of human history
A) price stability
B) poverty
C) disinflation
D) wealth
B
You might also like to view...
Two firms, Kegareta Inc. and Sucio Enterprises, have access to five production processes, each one of which has a different cost and gives off a different amount of pollution. The daily costs of the processes and the corresponding number of tons of smoke emitted are shown in the accompanying table. ABCDE 4 tons/day3 tons/day2 tons/day1 tons/day0 tons/dayKegareta Inc.$40$85$135$190$250Sucio Enterprises$120$175$250$345$460 Suppose the government wants to reduce pollution by 50 percent by imposing a tax of $T per day on each ton of smoke emitted. Of the options listed, what's the smallest tax, $T, that will achieve this goal?
A. $51 B. $61 C. $56 D. $54
What would in happen in a given market if transaction costs for the product traded were reduced? Generally, what is the impact of transaction costs on market operations?
What will be an ideal response?
Which of the following is NOT directly included in Canadian GDP?
A) bus tickets sold to tourists for a tour bus ride in Montreal B) the purchase of tickets to a Kanye West concert in Montreal C) the sale of tickets to the Vancouver Olympics to U.S. citizens D) gasoline purchased by a tour bus operator in Quebec E) All of the items would be included in Canadian GDP.
The unemployment rate generally ________ during recessions and generally ________ during expansions
A) increases; increases B) increases; decreases C) decreases; decreases D) decreases; increases E) increases; does not change