Suppose your college sharply raises tuition rates next year. Other things constant, what is the least likely to occur?

A) The overall demand for courses at your college will fall.
B) Your college bookstore will sell fewer textbooks.
C) It will be easier to find parking at your college.
D) Fewer students will use your college library.

A

Economics

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The supply-side motivated tax cuts of 1981 during the Reagan administration were aimed at

A) balancing the federal budget. B) decreasing aggregate supply. C) increasing aggregate demand. D) increasing aggregate supply.

Economics

Along an actual (observed) Phillips curve,

A. aggregate output varies inversely with the unemployment rate. B. aggregate output directly inversely with the inflation rate. C. the inflation rate varies inversely with the unemployment rate. D. the inflation rate varies directly with the unemployment rate.

Economics