Dividing fiscal policy into two instruments has the effect of introducing another policy target:
A) the interest rate.
B) the national debt.
C) the unemployment rate.
D) the division of output between public and private spending.
D
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Identify and explain 4 of the difficulties in making cross-country comparisons in health care outcomes
What will be an ideal response?
An increase in costs associated with additional security measures taken by the airlines is most likely to lead to:
a. a decrease in equilibrium price and a decrease in equilibrium quantity. b. a decrease in equilibrium price and an increase in equilibrium quantity. c. an increase in equilibrium price and a decrease in equilibrium quantity. d. an increase in equilibrium price and no change equilibrium quantity.
An economy in which output has decreased and prices have increased would suggest that there has been a:
A. negative demand side shock. B. negative supply side shock. C. positive demand side shock. D. positive supply side shock.
The ________ curve has a positive slope because as prices of final goods and services rise, prices of inputs rise more slowly
A) short-run aggregate supply B) long-run aggregate supply C) short-run aggregate demand D) long-run aggregate demand