which of the following is true of regulation?
What will be an ideal response?
regulatory agencies often ignore the secondary effects of their actions and fail to foresee future problems
Economics
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When potential GDP increases,
A) there is a movement down along the AS curve. B) there is a movement up along the AS curve. C) there is neither a movement along nor a shift in the AS curve. D) the AS curve shifts leftward. E) the AS curve shifts rightward.
Economics
If the natural rate of unemployment declines ________
A) labor is more heavily utilized B) potential output increases C) the long run aggregate supply curve shifts to the right D) all of the above E) none of the above
Economics