The 1980s were characterized by ________ monetary policy and ________ fiscal policy.
A. tight; easy
B. easy; easy
C. tight; tight
D. easy; tight
Answer: A
Economics
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A restriction of imports that is accomplished by a quota normally
a. can be accomplished also by a tariff. b. cannot be replicated exactly by imposing a tariff. c. can be accomplished also by an export subsidy. d. can be accomplished also by negotiations within GATT.
Economics
Gordon is a person who sells narcotics "on the street." This type of illegal activity:
A. Would be considered double counting in calculating GDP B. Is estimated and included in GDP figures C. Is excluded from GDP figures D. Causes GDP to be overstated
Economics