Government gets its takings power from
A) the International Court of Justice.
B) the Ten Commandments.
C) the U.S. Constitution.
D) the Declaration of Independence.
C
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According to rational expectations theory,
A) increasing the money supply to reduce unemployment will always be successful. B) decreasing the money supply to reduce unemployment will usually be successful. C) increasing the money supply to reduce unemployment will not be successful because of an offsetting decrease in prices. D) increasing the money supply to reduce unemployment will not be successful because of an offsetting increase in prices.
A firm in a perfectly competitive market structure
a. will advertise to shift its demand curve to the right b. has a demand curve for its good that is perfectly vertical c. cannot influence the price d. has a demand curve for its good that is downward sloping e. has a demand curve for its good that is upward sloping