The European Common Market was renamed the ______________________.

Fill in the blank(s) with the appropriate word(s).

European Union

Economics

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Everything else held constant, an increase in expected inflation, lowers the expected return on ________ compared to ________ assets

A) bonds; financial B) bonds; real C) real estate; financial D) real estate; real

Economics

Suppose that there is an excess supply of economics professors. Should universities necessarily reduce salaries? What does standard economic theory suggest? What does efficiency-wage theory suggest?

Economics