Active stabilization policy can be rationalized in the New Keynesian model because
A) it makes it possible to obtain zero inflation.
B) the government knows best.
C) it counteracts the influence of unions.
D) it allows a faster return to economic efficiency.
D
Economics
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For the majority of companies, the most common increase in the cost of production results from rising _____.
(A) Energy costs (B) Prices of raw materials (C) Wages (D) Maintenance costs
Economics
When a monopolist sells the same product at different prices and the prices are related to cost differences, we have
A) monopoly pricing. B) marginal cost pricing. C) price discrimination. D) price differentiation.
Economics