Ball found that the disinflation of the early 1980s in the United States had a sacrifice ratio of about
A) 0.
B) 1.
C) 2.
D) 3.
C
Economics
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In January, buyers of gold expect that the price of gold will fall in February. What happens in the gold market in January, holding everything else constant?
A) The demand curve shifts to the right. B) The quantity demanded decreases. C) The demand curve shifts to the left. D) The quantity demanded increases.
Economics
Basic research is conducted primarily by manufacturing industries
a. True b. False Indicate whether the statement is true or false
Economics
Trade between countries is only based on absolute advantage
Indicate whether the statement is true or false
Economics
The ________ combination of goods is the combination that yields the highest total utility given a consumer's income.
A. economical B. affordable C. optimal D. utility satiating
Economics