The government can reduce unemployment or reduce inflation by:
a. manipulating aggregate demand.
b. manipulating the availability of natural resources.
c. manipulating the availability of capital goods.
d. manipulating the availability of qualified workers.
e. curbing the level of immigration.
a
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Suppose that a new drug has been approved to treat a life-threatening disease. The demand for that drug is shown on the graph below. Prior to approval of this drug, the only treatment for this condition was any one of several non-prescription, or over-the-counter, pain relievers. The demand for one brand of the several non-prescription pain relievers is also shown on the graph. 
The manufacturer of the over-the-counter pain reliever would ________ total revenue by increasing the price from $15 to $16.
A. experience an uncertain change in B. experience no change in C. increase D. decrease
What quantity of output and price do they try to set, when a group of oligopoly firms form a cartel? Will there be any changes in the price and quantity supplied if the cartel gets broken down?
What will be an ideal response?
If the quantity of housing supplied in a community is greater than the quantity of houses demanded, the existing price:
A) is above the market equilibrium price. B) will rise to clear the market. C) will either rise or remain unchanged. D) is below the market equilibrium price.
In the money market, if the money supply decreases, the opportunity cost of holding money _____
Fill in the blank(s) with the appropriate word(s).