The self-correcting tendency of the economy means that rising inflation eventually eliminates:

A. unemployment.
B. exogenous spending.
C. recessionary gaps.
D. expansionary gaps.


Answer: D

Economics

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Which of the following was not a reason for the financial collapse in 2008?

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Given the above graph, the competitive firm's short-run supply curve is the:

A. MC curve above F. B. MC curve above J. C. MC curve above G. D. MC curve above H.

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Gross investment is equal to

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Economics