Suppose there currently is an inflationary gap. What could the government do to bring the overall price level down?
A) nothing
B) Reduce government spending.
C) Increase government spending.
D) Reduce the nation's aggregate supply.
B
Economics
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Beth has just quit her job, moved to a new city, and is looking for a new job. Beth is
A) frictionally unemployed. B) structurally unemployed. C) distance unemployed. D) cyclically unemployed. E) locationally unemployed.
Economics
Compared to prices charged by Uber, traditional taxi companies charge government-regulated prices. These government-regulated prices ________ in the market for shared rides
A) decrease producer surplus B) decrease consumer surplus C) increase consumer surplus D) decrease deadweight loss
Economics