If the market mechanism causes the economy to arrive at the wrong mix of output, there is:

A.) Market failure.
B.) Mixed economy failure.
C.) Government failure.
D.) Laissez faire.


A.) Market failure.

Economics

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RBC theory leads to ________ government macro-stabilization policy, due to the theory's assumption of ________

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When the interest rate is above equilibrium, there is excess _____ of money. Households will _____ interest-earning assets, which _____ the interest rate

Fill in the blank(s) with correct word

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Which of the following is true if yt= +++

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Economics

M1 money includes all but which one of the following?

A. checkable deposits B. savings accounts C. paper money D. coins

Economics