Factors of production are usually divided into all of the following categories except
A) labor.
B) capital.
C) interest.
D) natural resources.
C
Economics
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Starting from long-run equilibrium, a large tax cut will result in a(n) ________ gap in the short-run and ________ inflation and ________ output in the long-run.
A. expansionary; higher; higher B. expansionary; higher; potential C. recessionary; higher; potential D. recessionary; lower; lower
Economics
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What will be an ideal response?
Economics