The first phase of a typical cycle of economic populism is usually
A) hyperinflation.
B) rising growth and rising wages.
C) falling growth and falling wages.
D) rising unemployment.
E) severe disinflation.
B
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Expansionary fiscal policy will
A) shift the aggregate demand curve to the left. B) shift the aggregate demand curve to the right. C) shift the short-run aggregate supply curve to the left. D) not shift the aggregate demand curve.
In the U.S., the employment ratio is highest among ________, and lowest among ________
A) women; both sexes combined B) men; college-educated workers C) women; men D) men; women
Sporto Auto Company manufacturers each of the aluminum engines used in their cars, and there is no outside market for these engines. Suppose the marginal cost of producing the aluminum engines is constant at all quantities
What happens to the optimal transfer price and the quantity of cars produced if the cost of assembly increases? A) Price and quantity increase B) Price and quantity remain the same C) Price and quantity decrease D) Price remains the same and quantity decreases
A monopoly firm always devotes some of its profits to research.
Answer the following statement true (T) or false (F)