Generally, the higher the level of output in an economy is the ________ will be
A) lower the unemployment rate and inflation rate
B) higher the unemployment rate and inflation rate
C) higher the unemployment rate and the lower inflation rate
D) lower the unemployment rate and the higher inflation rate
D
Economics
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In the simple Keynesian Cross model, the equilibrium level of real disposable income is determined by: a. the real interest rate
b. prices. c. aggregate expenditures. d. aggregate supply.
Economics
. The market price system provides a highly efficient mechanism for disseminating information about relative scarcities of
a. the quantity supplied minus the quantity demanded. b. surpluses, shortages, and quantity. c. goods, services, labor, and financial capital. d. price controls and equilibrium prices.
Economics