According to Okun's Law, ________ tends to decline when the growth rate of real GDP is ________

A) inflation rate; low B) inflation rate; high
C) unemployment rate; high D) unemployment; low

C

Economics

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If a state government wants to collect the maximum tax revenue from a unit excise tax, which of the following would they tax?

A) cigarettes B) beef hamburgers C) luxury cars D) concert t-shirts

Economics

Banks that were so large in terms of assets or customers, or so historically important, that banking regulators allowed the bank to keep operating despite insolvency after the housing market crash were called:

A. too large to fail. B. too small to fail. C. too large to succeed. D. too small to succeed.

Economics