Why do you think Uganda has been so successful at decreasing the prevalence of HIV/AIDS?
What will be an ideal response?
An answer should make reference Box 8.8, especially noting the role of education, awareness, and an analysis of the economic forces behind the disease.
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Based on the figure below. Starting from long-run equilibrium at point C, a decrease in government spending that decreases aggregate demand from AD1 to AD will lead to a short-run equilibrium at__ creating _____gap.
A. B; no output B. D; an expansionary C. B; recessionary D. D; a recessionary
In what way or ways can strategies more complicated than simple actions?
a. They can be conditioned on a first mover's action. b. They can involve random choices. c. Both a and b. d. Neither a or b.
Goods that are neither rival in consumption nor excludable are:
A. a public good. B. an artificially scarce good. C. a common resource. D. a private good.
After the 2001 recession, the Fed changed interest rates to ______.
a. slow inflation b. discourage deflation c. slow growth d. discourage lending