The purpose of an expansionary monetary policy is to increase:
A. The GDP-gap
B. The inflation rate
C. Real GDP
D. Interest rates
C. Real GDP
Economics
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Some environmentalists argue that we should protect the environment as much as possible, regardless of cost. Which of the following is not a likely outcome of pursuing such a course of action?
a. lower levels of nutrition, health care, and housing b. a lower standard of living c. slowing or reversing technological advancement d. the elimination of all pollution
Economics
If supply and demand analysis is a measure of how, then elasticity is a measure of:
A. how much. B. when. C. why. D. how quickly.
Economics