European governments accepted prolonged periods of unemployment in the 1990s in order to reduce inflation.

Answer the following statement true (T) or false (F)

True

Economics

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According to this Application, economists have found that the fiscal multiplier is ________ during slack times

A) sometimes larger B) always larger C) always smaller D) none of the above

Economics

Due to the bandwagon effect, demand for some products is ________ elastic than it would be without the positive network externality

A) more B) less C) equally D) more strongly unitary

Economics