An appeal to people's sense of civic or moral responsibility will ________ the free-rider problem and lead to a ________ level of contribution to the public good.

Suppose in 2007, nominal GDP in Clarendon was $12,840 billion and real GDP was $10,560 billion. Calculate the value of the implicit price deflator. Follow the convention of multiplying price indexes by 100.

A. 21.59 B. 82.24 C. 121.59 D. 177.57

The Phillips curve relates the inflation rate to

a. the unemployment rate. b. GDP. c. disposable personal income. d. the interest rate.