Author Question: A ________ exists when naturally occurring incentives encourage sufficient numbers of people to act ... (Read 89 times)

CharlieWard

  • Hero Member
  • *****
  • Posts: 578
A ________ exists when naturally occurring incentives encourage sufficient numbers of people to act in a way that makes everybody worse off.
 
  Fill in the blank(s) with correct word

Question 2

In the short run, an increase in inflation by the Fed not matched by an increase in the expected inflation rate results in ________ in the long-run Phillips curve and ________ in the short-run Phillips curve.
 
  A) no change; a downward shift
  B) a rightward shift; an upward shift
  C) a rightward shift; a downward shift
  D) no change; no change
  E) a leftward shift; an upward shift



Awesome

  • Sr. Member
  • ****
  • Posts: 280
Answer to Question 1

collective action problem

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

For a complete list of videos, visit our video library