The AS/AD model studies the relationship between
A) the price level and unemployment.
B) the price level and real GDP.
C) unemployment and real GDP.
D) nominal GDP and inflation.
B
Economics
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Which of the following is not an example of a financial intermediary?
A) a pension fund B) an insurance company C) a commercial bank D) the New York Stock Exchange
Economics
Which of the following statements is true with respect to a tariff on imported cheese?
a. It lowers the price of cheese. b. It lowers domestic cheese producers' profits. c. It creates tax revenues for the government. d. It cannot result in retaliation. e. It increases the amount of foreign cheese sold.
Economics