The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 

A. recessionary; A
B. recessionary; C
C. recessionary; B
D. expansionary; A

Answer: D

Economics

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The takings clause indicates that private property can be seized only if the property in question is being taken for public use. Does "public use" mean using seized property only for pure public goods and services? Explain your answer

What will be an ideal response?

Economics

Which of the following groups is an investment bank NOT likely to visit during a "road show"?

A) institutional investors B) individual investors C) university endowments D) mutual funds

Economics