According to the economic way of thinking, elected government officials tend to favor
A) contractionary monetary policies.
B) contractionary fiscal policies.
C) expansionary monetary and fiscal policies.
D) monetary and fiscal policies consistent with the public interest.
C
Economics
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Given that MEC(q) = 2q2, what can be inferred about the total cost of pollution as output increases?
A) The total cost of pollution is increasing. B) The total cost of pollution is positive. C) The total cost of pollution is growing at a positive rate. D) The total cost of pollution is growing at an increasing rate. E) The total cost of pollution is changing.
Economics
What is the main determinant of the price elasticity of supply? Explain
Please provide the best answer for the statement.
Economics