An example of a shortage is limited amounts of
What will be an ideal response?
Ans: food available because the trucks carrying it are on strike.
Economics
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The existence of automatic stabilizers will
A) cause the effects of shocks to aggregate demand to have a larger effect on GDP. B) reduce the recognition lag of discretionary fiscal policy. C) eliminate recessions. D) reduce the size of recessionary and inflationary gaps.
Economics
Which of the following represents non-human wealth?
A) total wealth minus housing wealth B) total wealth minus financial wealth C) wealth that cannot be taken from a person, by law D) financial wealth minus housing wealth E) none of the above
Economics