The countercyclical monetary and fiscal policies that were supposed to produce full employment without inflation don't work in economies characterized by the Phillips curve

The payback period for a project, requiring an initial outlay of $10,000 and producing ten uniform annual cash inflows of $1,500, is

A) six years. B) six years and eight months. C) six years and six months. D) seven years.

After the United States introduces a tariff in the market for widgets, the price of widgets in the United States will: a. decrease

b. increase. c. remain the same. d. change in an indeterminate manner.