The appropriate fiscal policy stance depends, at least partly, on the
a. stance of trade policy.
b. stance of monetary policy.
c. party in power in Congress.
d. party in power in the presidency.
b
Economics
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Do you think sellers in a perfectly competitive market can price their goods differently? Explain your answer
What will be an ideal response?
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Elasticity
a. deals with percentage changes in price and quantity demanded. b. employs percentage changes calculated in terms of average values of the prices and quantities at issue. c. is generally stated in absolute value. d. All of the above are correct.
Economics