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Author Question: Which of the following could decrease unemployment and inflation simultaneously? A) a decrease in ... (Read 91 times)

ENagel

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Which of the following could decrease unemployment and inflation simultaneously?
 
  A) a decrease in oil prices B) contractionary monetary policy
  C) an increase in the real wage D) expansionary monetary policy

Question 2

The U.S. tariff on paper ____ the U.S. price of paper, _____ U.S. production of paper and _______the U.S. gains from trade.
 
  A. raises; increases; increases
  B. doesn't change; increases; increases
  C. doesn't change; doesn't change; decreases
  D. raises; increases; decreases



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Galvarado142

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Answer to Question 1

A

Answer to Question 2

D Figure 8.6 in the textbook illustrates these results.





 

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