Critics of supply-side economics argue that a major flaw is
a. the small magnitude of supply-side effects.
b. the large size of demand-side effects.
c. increased income inequality.
d. All of the above.
d
Economics
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If this is a closed economy, the price of a TV will be ________. 
A. $75 B. $275 C. $125 D. $175
Economics
Which of the following models view changes in real supply-side factors as determinants of short-run fluctuations in output and employment?
a. New classical models b. Political business cycle models c. Keynesian models d. Real business cycle models e. none of the above
Economics
When people look at what has just happened in the economy to conjecture what is about to happen, it is known as ______.
a. gradualism b. indexing c. adaptive expectations d. natural rate
Economics
Price floor
What will be an ideal response?
Economics