Prices and wages are considered "sticky" if
A) their rates of increase and decrease are identical.
B) as prices increase, wages increase by the same percentage.
C) their rates of change are directly connected to the rate of change in unemployment.
D) they do not fully adjust to changes in demand and supply.
D
Economics
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Refer to the above figure. Which panel is consistent with the Fed buying bonds?
A) Panel A B) Panel B C) Panel C D) Panel D
Economics
If a monopolist produces to a point at which marginal revenue is less than marginal cost then
A) the firm should increase output. B) the firm should reduce output. C) the firm is maximizing profits. D) we do not know if the firm should increase or reduce without more information.
Economics