Author Question: Which of these is an example of rent-seeking? a. The government breaks up a monopoly b. An ... (Read 107 times)

Mimi

  • Hero Member
  • *****
  • Posts: 542
Which of these is an example of rent-seeking?
 
  a. The government breaks up a monopoly
  b. An industry lobbies for increased government subsidies
  c. An employee leaves a job for a higher-paying position at another company
  d. A small shop goes out of business after a national chain opens in the neighborhood

Question 2

The Phillips Curve measures the tradeoff between _____.
 
  a. inflation and unemployment
  b. fiscal policy and monetary policy
  c. private consumption and public investment
  d. government spending and economic growth



peter

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

Answer: b

Answer to Question 2

Answer: a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

For a complete list of videos, visit our video library