Author Question: All of the following statements are examples of normative economic analysis except A) as the ... (Read 260 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
All of the following statements are examples of normative economic analysis except
 
  A) as the demand for emergency room nurses increases, more students are choosing to enroll in nursing school.
  B) to provide better care, doctors should be required to limit the number of patients they see each day.
  C) people should be able to choose whether they want to purchase health insurance.
  D) prescription drugs are too expensive and the government needs to regulate prices in the pharmaceutical industry.

Question 2

If the Fed tries to lower the unemployment rate so it is lower than the natural unemployment rate, in the short run before the expected inflation rate changes, the SRPC ________ and the LRPC ________.
 
  A) shifts downward; shifts leftward
  B) shifts downward; does not change
  C) does not change; shifts rightward
  D) shifts upward; does not change
  E) does not change; does not change



jaygar71

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

A

Answer to Question 2

E



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

For a complete list of videos, visit our video library