Suppose the economy is producing at the natural rate of output and the government passes legislation that severely restricts a company's ability to reduce production costs via outsourcing
Everything else held constant, this policy action will cause ________ in the unemployment rate in the short run and ________ in inflation in the short run. A) an increase; an increase
B) a decrease; a decrease
C) a decrease; an increase
D) no change; no change
A
Economics
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A) net interest rate. B) the forward premium. C) net profit rate. D) the spread.
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One of the major reasons why nations trade is that
A. nations choose to trade for largely unknown reasons. B. resources are not equally distributed across the planet. C. nations wish to exert cultural influence abroad. D. nations wish to copy others and need imports to study.
Economics