This topic contains a solution. Click here to go to the answer

Author Question: Demand-pull inflation is more likely to occur when the economy is producing at maximum capacity. a. ... (Read 82 times)

jho37

  • Hero Member
  • *****
  • Posts: 531
Demand-pull inflation is more likely to occur when the economy is producing at maximum capacity.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is most likely a topic of discussion in a microeconomics course?
 a. a decrease in the share of national income paid to the government in taxes
  b. an increase in the price of lumber used to construct houses
 c. an increase in the rate of inflation
 d. an increase in the number of jobless individuals filing unemployment claims



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

parshano

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

True

Answer to Question 2

b





 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

For a complete list of videos, visit our video library