Which of the following lags makes stabilization policy more problematic?
A. Expenditure lags
B. Recognition lags
C. Policy lags
D. All of these responses are correct.
Answer: D
Economics
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When economic rent exists,
A) the price is equal to the opportunity cost of the resources. B) price is the same as the discount rate. C) resources are allocated inefficiently. D) resources are allocated efficiently.
Economics
When MB = 171 ? 8Y and TC = 5Y2 + 108, the optimal level of Y is:
A. 8. B. 24. C. 9.5. D. 25.
Economics