Economists use a preference map to illustrate that
A) more is better than less.
B) preferences are transitive.
C) preferences are complete.
D) All of the above.
D
Economics
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The more interest-sensitive is money demand, the
A) more effective is fiscal policy relative to monetary policy. B) more effective is monetary policy relative to fiscal policy. C) steeper is the IS curve. D) steeper is the LM curve.
Economics
A person who has given up searching for work is called:
a. a discouraged worker. b. unemployed. c. frictionally unemployed. d. structurally unemployed.
Economics