The "law of demand" indicates that if the University of Maine increases tuition, all other things remaining the same,
A) the demand for classes will decrease at the University of Maine.
B) the demand for classes will increase at the University of Maine.
C) the quantity of classes demanded will increase at the University of Maine.
D) the quantity of classes demanded will decrease at the University of Maine.
E) both the demand for and the quantity of classes demanded will decrease at the University of Maine.
D
Economics
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When the actual unemployment rate is greater than the NAIRU, the inflation rate
A) remains unchanged. B) tends to increase. C) falls to zero. D) tends to decrease.
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An inside lag is the time period it takes for the stabilization policies to take effect after they have been implemented
Indicate whether the statement is true or false
Economics