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Author Question: According to the economic way of thinking, elected government officials tend to favor A) ... (Read 50 times)

stephzh

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on: Jun 29, 2018
According to the economic way of thinking, elected government officials tend to favor
 
  A) contractionary monetary policies.
  B) contractionary fiscal policies.
  C) expansionary monetary and fiscal policies.
  D) monetary and fiscal policies consistent with the public interest.

Question 2

Refer to the figure above. Which of the following is likely to happen if a price control of 80 is imposed in the market?
 
  A) There will be a surplus of 25 units in the market.
  B) There will be a shortage of 25 units in the market.
  C) There will be a surplus of 10 units in the market.
  D) There will be a shortage of 10 units in the market.


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brittanywood

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


stephzh

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

bbburns21

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Reply 3 on: Yesterday
Excellent

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