Globalization that allows governments to pursue expansionary policies can be dangerous because it can lead to:
A. asset price inflation.
B. goods price deflation.
C. a reduction in the debt ceiling.
D. goods price inflation.
Answer: A
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Monopolistically competitive firms constantly develop new products in an effort to
A) make the demand for their product more elastic. B) increase the demand for their product. C) increase the marginal cost of their product. D) None of the above are correct.
Provide a concise statement about the relationship between population growth and absolute poverty, female wages, rural-urban migration, availability of pensions, availability of healthcare, availability of education, and rate of investment
What will be an ideal response?
A risk-averse investor will decide whether or not to invest by determining if the expected value of the investment if positive
Indicate whether the statement is true or false
Use the information in Scenario 4.2. Suppose that the price of artichokes is increased slightly from $10. The total expenditure by consumers on artichokes will ________ and the number of artichokes sold will ________
A) rise, rise B) rise, fall C) fall, rise D) fall, fall