A traffic light at an intersection is
a. a public good.
b. a private good.
c. a club good.
d. a common good.
a
Economics
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With no change in fiscal policy, the budget
a. will run a surplus during a recession and a deficit during a boom. b. deficit will rise during a recession and fall during a boom. c. deficit will fall during a recession and rise during a boom. d. will remain unchanged by adverse economic conditions.
Economics
What variables cause the short-run aggregate supply curve to shift? For each variable, identify whether an increase in that variable will cause the short-run aggregate supply curve to shift to the right or to the left
What will be an ideal response?
Economics