Homework Clinic
Social Science Clinic => Economics => Topic started by: jace on Jun 29, 2018
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In the short run, a supply shock that shifts the short-run aggregate supply curve leftward raises the price level and increases real GDP.
Indicate whether the statement is true or false
Question 2
Utilitarianism argues that
A) Only equality brings efficiency.
B) There is a tradeoff between equality and efficiency.
C) The result is fair if the rules are fair.
D) The competitive market is fair.
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Answer to Question 1
FALSE
Answer to Question 2
A