Cost-push inflation:
A. reduces real output.
B. increases real output.
C. reduces the unemployment rate.
D. raises the natural rate of unemployment.
A. reduces real output.
Economics
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According to the life-cycle hypothesis, as people grow older ________
A) their wealth grows before and after retirement B) their wealth declines before and after retirement C) their wealth grows before retirement, then declines after retirement D) their wealth falls before retirement, then rises after retirement
Economics
In a sealed-bid first price auction, if you notice that your competition is weaker, you should
a. Shade your bid more b. Shade your bid less c. Bid more aggressively d. Both B&C
Economics