Political instability is an obstacle to development in:
A. both market and socialist economies.
B. neither market nor socialist economies.
C. market economies.
D. socialist economies.
Answer: A
Economics
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An unexpected increase in aggregate demand
A) causes the price level to fall and the unemployment rate to rise. B) causes the price level to fall and the unemployment rate to fall. C) causes the price level to rise and the unemployment rate to rise. D) causes the price level to rise and the unemployment rate to fall.
Economics
A good example of a price floor is:
a. rent controls on apartments in major cities. b. general admission tickets to concerts. c. the minimum wage law. d. food stamp regulations. e. rock concert tickets.
Economics