An advantage of the gold standard was that it allowed currencies to freely float against each other

When a government taxes the sale of beer, cooperative surplus ________ and society gets ________

A) increases; richer B) increases; poorer C) decreases; richer D) decreases; poorer

A situation in which output decreases while prices increase is often referred to as:

A. inflation. B. negative economic growth. C. a recession. D. stagflation.