This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The main sources of cost-push inflation are increases in A) the money wage rate and the price of ... (Read 115 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Jun 29, 2018
The main sources of cost-push inflation are increases in
 
  A) the money wage rate and the price of raw materials.
  B) the real wage rate and the price of raw materials.
  C) the money wage rate and aggregate demand.
  D) the quantity of money and the real wage rate.
  E) government expenditure and the quantity of money.

Question 2

What is a cartel?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

macagnavarro

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A cartel is a group of firms acting together to limit output, raise price and increase economic profit. Cartels are illegal in the United States. Cartels operate in a market structure with oligopolies. If firms can stick to the cartel agreement, the firms can earn an economic profit. However, cartels tend to break down because firms are tempted to cheat on their cartel partners and increase their own profit at the expense of their partners.


lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
Reply #2 on: Jun 29, 2018
Correct answers!


macagnavarro

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Structure of cellulose, the main macromolecule of the primary cell wall Structure of cellulose, the main macromolecule of the primary cell wall
Observable Universe Before and After Inflation Observable Universe Before and After Inflation
William Kentridge, History of the Main Complaint. William Kentridge, History of the Main Complaint.
Spirituality increases with age, but there are different patterns for the two genders. Both genders ... Spirituality increases with age, but there are different patterns for the two genders. Both genders ...
The rate of facilitated diffusion The rate of facilitated diffusion
Main Types of Dietary Lipids Main Types of Dietary Lipids
Video: Oogenesis Animation

For a complete list of videos, visit our video library