If the economy suffers a recession for reasons unrelated to fiscal policy, the deficit should rise and

a. inflation should fall.
b. interest rates should fall.
c. real GDP should fall.
d. All of the above are correct.

d

Economics

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Which of the following would most likely be provided by a natural monopoly?

A) Michigan Radio is the state's most listened-to public radio service. B) Sirius Satellite Radio is accessed through a subscription. C) X96 is an alternative radio station out of Salt Lake City. D) a Mariah Carey CD

Economics

Suppose you hedge with a put option. What are the consequences of selecting a put option with a lower strike price?

A. Higher premium, lower price floor. B. Higher premium, higher price floor. C. Lower premium, lower price floor. D. Lower premium, higher price floor.

Economics