According to Gordon, for which of the following should policymakers set a target rate of zero?

A) productivity growth
B) inflation rate
C) unemployment rate
D) None of the above

D

Economics

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If the economy adds to its inventory of goods during some year:

A. gross investment will exceed net investment by the amount of the inventory increase. B. this amount should be ignored in calculating that year's GDP. C. this amount should be subtracted in calculating that year's GDP. D. this amount should be included in calculating that year's GDP.

Economics

The primary difference between a monopolistically competitive firm and a monopoly is:

A. only the monopolistically competitive firm is a price taker. B. the ability for competition to enter the market in the long run. C. the ability for competition to enter the market in the short run. D. only the monopolist can set his price equal to demand.

Economics