An increase in AD will trigger less inflation under which of the following conditions?

a. AD is relatively steep.
b. AD is relatively flat.
c. AS is relatively steep.
d. AS is relatively flat.

d

Economics

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The country of Excludania can discourage foreign investment by

a. requiring foreign investors to find a local partner who must be granted controlling interest b. setting different exchange rates for different categories of transactions c. heavily restricting private international borrowing and lending d. All the answers are correct e. None of the answers is correct

Economics

To maximize profit, a pure monopolist must:

A. maximize its total revenue. B. maximize the difference between marginal revenue and marginal cost. C. maximize the difference between total revenue and total cost. D. produce where average total cost is at a minimum.

Economics