If a country moves from a point below the production possibilities curve to a point on the curve, it is experiencing

Dividing fiscal policy into two instruments has the effect of introducing another policy target:

A) the interest rate. B) the national debt. C) the unemployment rate. D) the division of output between public and private spending.

Adverse selection happens because

a. One of the parties has more information about itself then the other party b. Individuals that the principle want to least select are the ones more likely to apply c. Parties most likely to accept an offer would be least qualified d. All of the above