The costs of ensuring that the parties live up to the promises they made in bargaining are called
A) search costs.
B) collectivization costs.
C) negotiation costs.
D) monitoring and enforcement costs.
D
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List five major sources of income inequality
What will be an ideal response?
The Keynesian cause-and-effect sequence predicts that a decrease in the money supply will cause interest rates to:
a. fall, boosting investment and shifting the AD curve rightward, leading to an increase in real GDP. b. fall, boosting investment and shifting the AD curve rightward, leading to a decrease in real GDP. c. rise, cutting investment and shifting the AD curve rightward, leading to an increase in real GDP. d. rise, boosting investment and shifting the AD curve rightward, leading to an increase in real GDP. e. rise, cutting investment and shifting the AD curve leftward, leading to a decrease in real GDP.