Which of the following would make a reasonable hypothesis to test?
A) Rising inflation is bad for the U.S. economy.
B) An inflation rate above 4% is dangerous for the British economy.
C) As interest rates increase, eventually the inflation rate will decline.
D) Increases in inflation are worse for the U.S. economy than are increases in public sector borrowing.
C
Economics
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Assume someone organizes all farms in the nation into a monopoly. Which of the following occurs? i. Consumer surplus decreases. ii. Economic profit increases. iii. A deadweight loss is created
A) i only B) ii only C) iii only D) i and ii E) i, ii, and iii
Economics
Who was the leader that introduced communism and central planning to the former Soviet Union?
a) Karl Marx b) Joseph Stalin c) Vladimir Lenin d) Friedrich Engels
Economics