What is the NAIRU?
A) the nongovernmental agency of inflationary rate unions
B) the new accrual index of real unemployment
C) the nonaccelerating inflation rate of unemployment
D) the natural accelerating inflation rate of unemployment
C
Economics
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Governments may successfully intervene in competitive markets in order to achieve economic efficiency
A) at no time; competitive markets are always efficient without government intervention. B) to increase the incidence of positive externalities. C) in cases of positive externalities only. D) in cases of negative externalities only. E) in cases of both positive and negative externalities.
Economics
Economists believe that a little bit of inflation may be a good thing. What are the potential benefits of inflation?
Economics