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Author Question: Given the desire of politicians to get reelected, they might try in the short run to use _____. a. ... (Read 38 times)

bobypop

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on: Jun 30, 2018
Given the desire of politicians to get reelected, they might try in the short run to use _____.
 a. a contractionary monetary policy
 b. an expansionary fiscal policy
 c. an expansionary monetary policy
 d. tax increases
 e. automatic stabilizers to control demand

Question 2

The supply curve that monopsonists face is different from the supply curves that firms in competitive labor markets face because with a monopsony,
 a. d and e.
  b. the supply curve of labor is relatively flat.
  c. offering a wage lower than the market wage means having no workers.
  d. the employer faces the market supply curve.
  e. the firm does not take the wage as given.


amynguyen1221

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

b

Answer to Question 2

a


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