An increase in the demand for medical services caused by an increase in the number of people over 65 is most likely attributable to which demand shifter?
A) income
B) consumer preferences
C) prices of other goods
D) demographic characteristics
Ans: D) demographic characteristics
Economics
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New Keynesian inflation dynamics can account for sluggish responses of
A) real GDP to variations in aggregate supply. B) real GDP to variations in aggregate demand. C) inflation to variations in aggregate supply. D) inflation to variations in aggregate demand.
Economics
Adverse selection is a
a. Pre-contractual problem b. Post contractual problem c. Post firing problem d. None of the above
Economics