A social cost that is NOT fully paid by the individual using an automobile is

If policymakers set a target for unemployment that is too low because it is less than the natural rate of unemployment, this can set the stage for a higher rate of money growth and

A) cost-push inflation. B) demand-pull inflation. C) cost-pull inflation. D) demand-push inflation.

Suppose consumers and business decision makers become more optimistic about the future, and aggregate expenditures increase. The most likely result is that:

A. real GDP and employment and income to decline. B. real GDP and employment rise. C. real GDP rises and employment falls. D. real GDP falls and employment rises.