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Author Question: Which of the following should be increased during a recession? A) Income taxes B) Government ... (Read 69 times)

khang

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Which of the following should be increased during a recession?
 
  A) Income taxes B) Government spending
  C) Real interest rates D) Nominal interest rate

Question 2

Consider two individuals, Nigel and Mia, who produce hair pins and bandanas. Nigel's and Mia's hourly productivity are shown in Table 3.3. Mia's opportunity cost of producing one hair pin is
 
  A) 1/3 of a bandana. B) 2.5 bandanas. C) 3 bandanas. D) 10 bandanas.


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Bigfoot1984

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khang

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


samiel-sayed

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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