Which of the following is the best example of an automatic stabilizer?
a. Welfare payments.
b. Foreign aid
c. Defense spending.
d. Highway construction.
a
Economics
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At prices above the equilibrium price, what occurs?
What will be an ideal response?
Economics
Beverage Merger Cott Corp markets a portfolio of beverages, bottled waters, beverage, and coffee delivery systems for homes and offices. In November, 2014, it has agreed to merge with DS Services of America, a water and coffee direct-to-consumer services provider. What is the expected effect of this merger on price-cost margins?
Economics