When macroeconomic policies are not coordinated,
A) macroeconomic policies will not be effective.
B) expansionary policies in one country are likely to increase global imbalances.
C) worldwide recessions are likely.
D) low-income countries cannot grow.
B
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Which of the following must exist for a firm to engage in price discrimination?
A) The firm must be able to identify and separate its buyers into different classes, and the low-price buyers cannot resell the product to the high-price buyers. B) The firm must face an inelastic demand. C) The firm must be able to realize economies of scale. D) The firm must have no more than one class of buyer. E) The firm must be a natural monopoly.
Which of the following helps determine the growth rate of potential GDP?
I. capital accumulation II. technology advances III. growth in the quantity of money A) I B) I and II C) I and III D) I, II and III
During a severe winter, the price of home heating oil is expected to be more than it would be during a normal winter
What will be an ideal response?
Given a central bank's monetary policy reaction curve, if inflation increases by 1% why would policymakers likely have to increase the nominal interest rate by more than the increase in the expected rate of inflation?
What will be an ideal response?