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Author Question: Costs that accrue to the total population are called ____ costs. Costs incurred by the producer or ... (Read 264 times)

lilldybug07

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on: Jun 30, 2018
Costs that accrue to the total population are called ____ costs. Costs incurred by the producer or consumer who makes the decision are called ____ costs.
 a. negative; positive
  b. social; private
 c. private; social
 d. positive; negative

Question 2

Lower than expected inflation rate:
 a. shifts short-run Phillips curve to the right.
 b. shifts short-run Phillips curve to the left.
 c. shifts both short-run and long-run Phillips curve to the right.
  d. shifts both short-run and long-run Phillips curve to the left.


Rilsmarie951

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


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