To increase the price level the government could
A. increase government spending and encourage immigration.
B. decrease government spending and discourage immigration.
C. increase government spending and discourage technological advancement.
D. decrease government spending and encourage technological advancement.
Answer: C
You might also like to view...
Consider a used car market in which half the cars are good and half are bad (lemons). Suppose the average price of a good car is $9,000 and the average price of a lemon is $3,000
If rational buyers are willing to pay $6,000 for a used car, then sellers will agree to sell mostly lemons at this price. What is the term used to describe this situation? A) adverse selection B) an efficient market C) moral hazard D) economic irrationality
The ability of an owner of a piece of property to deny its use to others is labeled ________
A) excludability B) rivalry C) non-rivalry D) lugubrious
Which of the following statements regarding the distribution of money income is most correct?
A. The distribution of money income is synonymous with the distribution of goods and services. B. The distribution of money income overstates the extent of poverty in the United States. C. The distribution of money income includes the monetary value of in-kind benefits. D. Statistics on the distribution of money income include the underground economy.
The marginal revenue product of labor curve will always shift to the left if
A. the price of capital falls. B. product demand decreases and product price decreases. C. the wage rate falls. D. product demand increases and product price increases.