Author Question: Which of these is most likely to result when a demand-management policy is used in an economy that ... (Read 93 times)

lb_gilbert

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Which of these is most likely to result when a demand-management policy is used in an economy that is experiencing stagflation?
 a. A decrease in investment spending
  b. An increase in the rate of inflation
  c. An increase in unemployment
 d. A decrease in the rate of inflation
  e. A decrease in real GDP

Question 2

A cartel is a formal agreement among firms to control price and output of a product.
 a. True
  b. False
  Indicate whether the statement is true or false



JYan

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Answer to Question 1

b

Answer to Question 2

True



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