Hyperinflation is usually accompanied by a great macroeconomic expansion
a. True
b. False
Indicate whether the statement is true or false
False
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Compared to the situation in which it sets a single price, a monopoly that price discriminates ________ its economic profit and ________ its output
A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases E) increases; does not change
When the actual GDP equals the full-employment level of GDP, the
a. economy is in long-run equilibrium. b. price level must be rising. c. expected inflation must be zero. d. aggregate supply curve is not constrained by the scarcity of resources.
Which of these are reasons for chief executive officers (CEOs) getting increasingly ousted for ethical violations in the 21st century?
If a consumer views the two goods they consume as perfect substitutes, the optimal bundle will be a corner solution. Explain
What will be an ideal response?