In the original Austin Powers, Dr. Evil is cryogenically frozen for thirty years (from the late 1960s to the late 1990s). Upon his return he hatches a plan to extort one million dollars from various world governments. His henchmen are unimpressed
What type(s) of inflation have made Dr. Evil's proposed blackmail amount seem too small?
A) cost-push inflation B) both cost-push and demand-pull inflation
C) both cost-price and price-pull inflation D) demand-pull inflation
B
Economics
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Refer to Figure 10.8. Other things equal, a decrease in the nominal interest rate on money would best be represented by
A) a movement from point A to point C. B) a movement from point A to point D. C) a shift from LM1 to LM2. D) a shift from LM2 to LM1.
Economics
What is the consequence of a positive externality in a market? What is the consequence of a negative externality? Why those consequences occur?
What will be an ideal response?
Economics