Which of the following is NOT a voluntary exchange?

A) Tom's car is stolen from in front of his house.
B) Marie buys groceries.
C) Scott pays $10,000 for tuition and fees this semester.
D) Emily buys a $1,000 plane ticket to fly from New York to Dallas on short notice.

A

Economics

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Expansionary fiscal policy can cause a rise in real GDP in combination with

a. an increase in the price level. b. a decrease in the price level. c. no change in the price level. d. a decrease in the price level if the aggregate supply curve is upward sloping.

Economics

All of the following can be used to reduce risk except which one?

A) settling a law suit B) entering into litigation C) purchasing insurance D) diversifying your stock portfolio

Economics