The costs imposed by inflation should be lessened in the future because of the following reform that took place during the early 1980s
A) airline deregulation.
B) issuance of indexed government bonds.
C) changing tax laws to ensure that savers are taxed only on real, rather than nominal capital gains.
D) lifting of limits on interest paid on checking and savings accounts.
D
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Who would be more likely to study the effects of government spending on the unemployment rate, a macroeconomist or a microeconomist?
Research by economists Autor, Dorn, and Hanson revealed that during the period 1990 to 2007, U.S. regions that faced more competition from Chinese imports had _____________ unemployment rates and ______________ wages than U.S. regions that faced less competition from Chinese imports
A) lower; higher B) higher; lower C) lower; lower D) higher; higher
The employee is thinking like an entrepreneur in which of the following situations?
What will be an ideal response?
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, Point E necessarily represents
A. only motorcycles being produced. B. overallocation of resources. C. an impossible production point. D. technological advancement.