Author Question: When a government subsidizes the sale of milk, cooperative surplus ________ and society gets ... (Read 30 times)

dakota nelson · **on:** Jun 29, 2018

When a government subsidizes the sale of milk, cooperative surplus ________ and society gets ________.

A) increases; richer
B) increases; poorer
C) decreases; richer
D) decreases; poorer

Question 2

The long-run Phillips curve is the relationship between

A) unemployment and the price level at full employment.
B) unemployment and the inflation rate at the expected price level.
C) inflation and unemployment when the economy is at full employment.
D) inflation and real GDP at full employment.
E) inflation and the expected inflation rate.