When we talk about injections in the classical model, we refer to

a. taxes
b. total government purchases.
c. federal government purchases only.
d. state government purchases only.
e. local government purchases only.

B

Economics

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We find that the world price of sugar is 20 cents a pound, the U.S. does not trade internationally, and the U.S. equilibrium price of sugar is 30 cents a pound. If the U.S. begins to trade internationally, the price of sugar in the U.S

________ to the world price and U.S. consumers buy ________ sugar. A) falls; more B) falls; less C) rises; more D) rises; less E) falls; no

Economics

Give an example of a frictionally unemployed person

What will be an ideal response?

Economics