Irrespective of whether the inflation rate is high or low, if the inflation rate is above the expected level, the unemployment rate in the economy will remain stable

A quota that limits U.S. imports of cane sugar

A. helps U.S. cane sugar producers. B. helps U.S. corn syrup (sweetener) producers. C. harms U.S. sugar consumers. D. all of the options are correct.

Buyers in the market for used guitars are getting more pessimistic about the possibility of getting a good guitar. This will cause the price of used guitars to ________ and the percentage of good used guitars to ________.

A. increase; increase B. increase; decrease C. decrease; increase D. decrease; decrease