Microeconomics

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Suppose that the consumer price index (CPI) was 160 in Year X and 166 in Year Y, inflation during ... Started by strangeaffliction	1 Replies 90 Views	Jun 30, 2018 by IAPPLET
According to supply-side economists, lowering corporate income taxes: a. results in wage hikes for ... Started by Redwolflake15	1 Replies 88 Views	Jun 30, 2018 by sultansheikh
Supply-side economists: a. saw influence beyond in both the Bush and Clinton administrations. b. ... Started by xroflmao	1 Replies 285 Views	Jun 30, 2018 by JCABRERA33
Suppose hypothetically that you buy a lot of food such as tofu, veggie burgers, and organic fruit ... Started by jCorn1234	1 Replies 99 Views	Jun 30, 2018 by vish98
Which of the following groups believes that the economy can achieve full employment without ... Started by ec501234	1 Replies 53 Views	Jun 30, 2018 by quynhmickitran
Which economist(s) first identified an inverse relationship between inflation and unemployment? a. ... Started by CBme	1 Replies 53 Views	Jun 30, 2018 by Rilsmarie951
The salary of the president of the United States in 2000 was 400,000 . In 1940, the president's ... Started by dollx	1 Replies 132 Views	Jun 30, 2018 by C.mcnichol98
The Laffer curve belongs to which of the following schools of economic thought? a. Keynesian. b. ... Started by newbem	3 Replies 77 Views	Jun 30, 2018 by braelync
The inverse trade-off between inflation and unemployment is known as the: a. Laffer curve. b. ... Started by kaid0807	1 Replies 97 Views	Jun 30, 2018 by dpost18
One way the consumer price index (CPI) differs from the GDP chain price index is that it: a. ... Started by Capo	1 Replies 188 Views	Jun 30, 2018 by britb2u
During the Reagan administration, the Laffer curve was used to ague that: a. the supply-side ... Started by 09madisonrousseau09	1 Replies 366 Views	Jun 30, 2018 by ryansturges
The long-run Phillips curve: a. is horizontal. b. is the same as the short-run Phillips curve. c. ... Started by anshika	1 Replies 113 Views	Jun 30, 2018 by chereeb
Suppose the consumer price index (CPI) for Year X is 130 . This means the average price of goods and ... Started by shofmannx20	1 Replies 101 Views	Jun 30, 2018 by stillxalice
Incorporation of expectations into economic decision making indicates that in the long run: a. ... Started by chads108	1 Replies 67 Views	Jun 30, 2018 by dpost18
According to the Bureau of Labor Statistics' survey, which category represents the largest expense ... Started by jasdeep_brar	1 Replies 68 Views	Jun 30, 2018 by Zack0mack0101@yahoo.com
The Laffer curve is representative of which of the following schools? a. Supply-side school. b. ... Started by justinmsk	3 Replies 135 Views	Jun 30, 2018 by Chocorrol77
Suppose hypothetically that the consumer price index (CPI) was 150 in Year 1 and was 180 in Year 2 . ... Started by joesmith1212	1 Replies 70 Views	Jun 30, 2018 by Andromeda18
The Laffer curve shows the relationship between tax: a. revenue and tax rates. b. revenue and ... Started by natalie2426	1 Replies 103 Views	Jun 30, 2018 by lou
Many economists argue that, in the long run, the economy self-corrects and achieves full employment. ... Started by Awilson837	1 Replies 96 Views	Jun 30, 2018 by Jayson
The consumer price index (CPI): a. adjusts for changes in product quality. b. includes separate ... Started by future617RT	1 Replies 52 Views	Jun 30, 2018 by bdobbins
According to the Laffer curve, when the tax rate is 100 percent, tax revenue will be: a. 0. b. at ... Started by go.lag	1 Replies 66 Views	Jun 30, 2018 by kusterl
Under the natural rate hypothesis, expansionary monetary and fiscal policies can at best produce a: ... Started by Cooldude101	1 Replies 73 Views	Jun 30, 2018 by 1_Step_At_ATime
If the consumer price index in Year 1 was 200 and the CPI for Year 2 was 230, the rate of inflation ... Started by nmorano1	1 Replies 63 Views	Jun 30, 2018 by emilymalinowski12
According to Keynesian economics, fiscal policy should create a deficit during economic ... Started by colton	3 Replies 100 Views	Jun 30, 2018 by Jevvish
The adaptive expectations hypothesis implies that people: a. adjust their expectations quickly to ... Started by rosent76	1 Replies 121 Views	Jun 30, 2018 by amynguyen1221