In 2008-2010, American policy makers decided to risk
a. higher inflation for the sake of decreasing unemployment.
b. higher unemployment to hold down inflation.
c. increasing taxes for the sake of reducing the budget deficit.
d. reducing government spending for the sake of balancing the budget.
a
Economics
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High-skilled workers have
A) a lower value of marginal product because they have higher wages. B) the same labor supply curve as do low-skilled workers. C) more human capital than do low-skilled workers. D) None of the above answers is correct.
Economics
Economists disagree about many things. When those disagreements are about which model best explains the economy, these disagreements are primarily over "positive" statements
a. True b. False
Economics