In which case can we be sure that real GDP and the price level rise in the short run?
a. foreign economies expand and taxes increase.
b. foreign economies expand and taxes decrease.
c. foreign economies contract and taxes decrease.
d. foreign economies contract and taxes increase.
b
Economics
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What is monopolistic competition?
a. Many companies selling similar but not identical products. b. A very few companies selling identical products. c. One company sells several different products under different names. d. One company sells the identical product under different names.
Economics
When someone buys a bond, they give up the bond's price in exchange for:
A. right of ownership. B. future income. C. current income. D. stock.
Economics