Initially, demand-pull inflation will...

What will be an ideal response?


increase both the price level and real GDP

Economics

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Beginning in 1990, the Federal government:

A. Decreased the annual immigration quota from 700,000 to 500,000 B. Increased the annual immigration quota from 500,000 to 700,000 C. Increased the annual immigration quota from 250,000 to 500,000 D. Increased the annual immigration quota from 500,000 to 1 million

Economics

A bank has $250 in checking deposits, $1,000 in savings deposits, $1,200 in time deposits, $1,000 in loans to businesses, $400 in outstanding credit card balances, $800 in government securities, $25 in currency in its vault, and $25 in deposits at

the Fed. Of these, ________ are part of M2. A) $2,600 B) $2,450 C) $3,450 D) $2,850 E) $2,200

Economics

The purpose of antitrust laws is to

a. reduce anticompetitive activities b. increase anticompetitive activities c. guarantee worker safety d. promote quality products e. prevent large-scale production

Economics

Which term describes the process of examining the physical outputs to the physical inputs of a given production process?

a. production function b. aggregate production function c. human capital d. physical capital

Economics