If the economy is in equilibrium at less than full employment, Keynesian economists would recommend that the government
a. do nothing
b. pursue fiscal policy to stimulate aggregate demand
c. pursue fiscal policy to stimulate aggregate supply
d. balance the budget
e. cut government spending to eliminate deficit spending
B
Economics
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By vertically integrating, two firms can
A) increase market share. B) avoid holdup problems. C) limit the problems inherent in moving too quickly. D) avoid antitrust issues.
Economics
The name of Andrew Carnegie is most closely associated with
A. the steel industry. B. the rubber industry. C. the meatpacking industry. D. the chemical industry.
Economics