In the United States, the use of fiscal policy tools to stabilize the economy gained prominence during
A) the Clinton administration. B) the Kennedy administration.
C) the Reagan administration. D) the depression era.
B
Economics
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Suppose Susan can wash three windows per hour or she can iron six shirts per hour. Paul can wash two windows per hour or he can iron five shirts per hour
a. Susan has an absolute advantage over Paul in washing windows. b. Susan has a comparative advantage over Paul in washing windows. c. Paul has a comparative advantage over Susan in ironing shirts. d. All of the above are correct.
Economics
Which of the following examples comes closest to a perfectly competitive market?
a. medical equipment producers b. cleaning supplies manufacturers c. agricultural commodities market d. furniture suppliers
Economics