Cost-push inflation is to ________ as demand-pull inflation is to ________
A) impatience; inaccuracy
B) entering; exiting
C) activism; nonactivism
D) fiscal; monetary
E) none of the above
A
Economics
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The cost of using an additional unit of an input is called the
A) marginal revenue product. B) marginal physical product cost. C) marginal factor cost. D) marginal product of labor.
Economics
The major difficulty with using a tax on pollution instead of a fixed percentage reduction regulation is:
A. that it only works in theory. B. that firms would not pay the tax. C. establishing the optimal size of the tax. D. that it would cause prices to rise.
Economics