Which combination of monetary and fiscal policies might policymakers elect to ward off potential inflation?
A) Fed purchase of bonds combined with tax rate increases
B) Fed purchase of bonds combined with tax rate decreases
C) Fed sale of bonds combined with tax rate increases
D) Fed sale of bonds combined with tax rate decreases
C
Economics
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Assume that a seller in a perfectly competitive market charges more than competitors are charging. It is likely that this seller will:
A) increase his profit. B) increase his sales. C) lose only a few buyers. D) lose almost all of his buyers.
Economics
If the Gross Domestic Product (GDP) in the United States increases, which of the following will probably result?
a. Employment levels will increase. b. Employment levels will remain flat. c. Unemployment rates will increase. d. Wages will increase.
Economics