If the economy is fully employed, then the inflationary costs of expansionary policy are likely to be:
a. low, and the unemployment gains minimal.
b. low, and the unemployment gains large.
c. high, and the unemployment gains minimal.
d. high, and the unemployment gains large.
Question 2
Which of the following is not a probable consequence of food aid to developing countries?
a. Increased domestic food prices
b. Declining domestic output
c. Misallocation of food supplies
d. Increased dependency on foreign food supplies
e. Increased starvation of the needy
Economic Costs of CVD
North America and the Global Economy
Japan’s Economy and Society
Trends in employed mothers with a child/children younger than 3 years of age
The fiscal policy to counter an inflationary gap is a(n)
A company that makes cell phones has the following cost structure. They have fixed costs of ...