The effects of the negative supply shocks of 1973, 1979 and 2007 were different due to the ________
A) role played by rational expectations in the 1979 event
B) different sources of the supply shocks
C) credibility of the monetary authorities
D) different individuals who led the Federal Reserve System
C
Economics
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In the above table, the average variable cost of producing 14 units of output is
A) $0.175. B) $5.71. C) $7.86. D) $10.00.
Economics
Which law specifically mandated the federal government's responsibility for economy-wide stability?
A) the Employment Act of 1946 B) the Sherman Act of 1890 C) the Great Depression Act of 1930 D) the Miller Act of 1960
Economics