Activists-believe that AD is unstable because
A) business and consumer attitudes and expectations shift.
B) monetary policy is variable.
C) fiscal policy effects are unpredictable.
D) Both B and C are correct.
A
Economics
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In the event of excess supply in the coffee market
A) the price of coffee will increase. B) the price of coffee will decrease. C) the supply of coffee will decrease (supply will shift to the left) to meet the demand. D) the demand for coffee will increase (demand will shift to the right) to meet the supply.
Economics
Which of the following is an example of natural monopoly?
A) cellular phone companies in a large city B) local water utility companies C) major league sports franchises in the largest cities D) All of the above are natural monopolies.
Economics