From the perspective of the classical model, many economists would say that the most important automatic stabilizer is
a. taxes
b. imports
c. interest rates
d. transfer payments
e. passage of time
E
Economics
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Other things being equal, the effects of an increase in the price of orange juice would best be represented by a(n):
a. upward movement along the demand curve for orange juice. b. leftward shift in the demand curve for orange juice. c. downward movement along the demand curve for orange juice. d. rightward shift in the demand curve for orange juice.
Economics
Using the information in the table shown, what is the 2009 value of the salary listed in 1979?
A. $127,828
B. $14,643
C. $57,824
D. $504,766
Economics