Inflation reduces the multiplier effect by reducing consumers' wealth and purchasing power
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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The table above describes the market for paper. The production of paper produces pollution. There are no external benefits. What amount of tax per ton of paper is necessary to produce the efficient quantity of paper?
A) $60 B) zero C) $40 D) $100
Economics
Suppose u = unemployed and seeking work; e = those employed; and nlf = those in the population but not in the labor force. According to the BLS, the unemployment rate is
a. u/(e + nlf) b. u/e c. u/(u + e) d. u/(e + nlf) e. u/(u + e - nlf)
Economics