Which of the following will, unambiguously, increase the price level?
A. an increase in government spending and an increase in costs
B. a decrease in government spending and an increase in costs
C. a decrease in government spending and a decrease in costs
D. an increase in government spending and a decrease in costs
Answer: A
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Explain how affirmative action programs can produce both desirable incentives as well as disincentives when it comes to investing in education
What will be an ideal response?
The above table shows Homer's total utility from boxes of doughnuts. As Homer's consumption of doughnuts increases
A) both his total utility and his marginal utility increase. B) his total utility increases, but his marginal utility decreases. C) his total utility decreases, but his marginal utility increases. D) both his total utility and his marginal utility decrease.