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Author Question: Which of these is an example of rent-seeking? a. The government breaks up a monopoly b. An ... (Read 101 times)

Mimi

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on: Jul 8, 2018
Which of these is an example of rent-seeking?
 
  a. The government breaks up a monopoly
  b. An industry lobbies for increased government subsidies
  c. An employee leaves a job for a higher-paying position at another company
  d. A small shop goes out of business after a national chain opens in the neighborhood

Question 2

The Phillips Curve measures the tradeoff between _____.
 
  a. inflation and unemployment
  b. fiscal policy and monetary policy
  c. private consumption and public investment
  d. government spending and economic growth


peter

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Reply #1 on: Jul 8, 2018
Answer to Question 1

Answer: b

Answer to Question 2

Answer: a


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