If the government adopts expansionary monetary policy during a recession, ________

A) tax rates increase B) government spending falls
C) access to credit increases D) interest rates increase

C

Economics

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Entry into a competitive market will continue until

A) economic profits are zero. B) normal profits are zero. C) when accounting losses are zero. D) a. and b. are true

Economics

The wage paid to workers measured in terms of real purchasing power is called the:

A. cost of living. B. minimum wage. C. real wage. D. nominal wage.

Economics