« previous next »

Author Question: The term stagflation refers to: a. a simultaneous reduction in output and the price level. b. a ... (Read 109 times)

Garrulous

  • Hero Member
  • *****
  • Posts: 686
on: Jun 30, 2018
The term stagflation refers to:
 a. a simultaneous reduction in output and the price level.
 b. a simultaneous increase in output and the price level.
 c. a decline in the price level accompanied by increases in real output and employment.
  d. an increase in the price level accompanied by decreases in real output and employment.
  e. a simultaneous increase in both the trade deficit and the budget deficit.

Question 2

An oligopolist operating with a kinked demand curve would expect rivals to match both its price increases and price decreases.
 a. True
  b. False
  Indicate whether the statement is true or false


Natalie4ever

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Nuclear division at the DNA level Nuclear division at the DNA level
Term neonate. Term neonate.
Normal change in sea level Normal change in sea level
Rapid sea level rise Rapid sea level rise
Inferring Productivity from Data on Output and Factor Accumulation Inferring Productivity from Data on Output and Factor Accumulation
Share of Hours Worked by Education Level, 1940–2008 Share of Hours Worked by Education Level, 1940–2008
Video: A Human Karyotype Preparation Animation

For a complete list of videos, visit our video library