If the economy is characterized by a certain and stable LM curve, then ________ target produces ________ fluctuations in aggregate output

All of following are commonly considered to be common property EXCEPT

A) spotted owls in the wild. B) fish in an ocean. C) chickens raised in a farm. D) wild salmon in a river.

If expected inflation were 3%, and the real interest rate was 6%, what sector would be worse off if the actual inflation rate turned out to be 5%

a. Businesses. b. Laborers. c. Both. d. None.