Which of the following can cause inflation?
A) increases in short-run aggregate supply
B) increases in long-run aggregate supply
C) decreases in short-run aggregate supply
D) decreases in aggregate demand
C
Economics
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Refer to the figure above. How many chairs were imported by Lithasia before the tariff was imposed by the government?
A) 25 units B) 50 units C) 55 units D) 60 units
Economics
The free-rider problem with a public good leads to
A) inefficiency if the good is provided by only private markets with no government action. B) overproduction if the good is provided by private markets. C) underproduction if the good is provided by the government. D) None of the above answers is correct.
Economics