To some economists, the "Great moderation" means:
a. a small change in real wages.
b. a low inflation rate.
c. a low unemployment rate.
d. low output growth variability.
e. low money supply growth.
d
Economics
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A decrease in spending on new homes will, other things equal
A) increase aggregate demand. B) increase aggregate supply. C) decrease aggregate demand. D) decrease aggregate supply.
Economics
Refer to Figure 2-13. If the two countries have the same amount of resources and the same technological knowledge, which country has an absolute advantage in the production of both pineapples and coconuts?
A) neither country B) Costa Rica C) Guatemala D) cannot be determined
Economics