Contractionary policies are government policies that
A) decrease aggregate supply. B) increase aggregate supply.
C) increase aggregate demand. D) decrease aggregate demand.
D
Economics
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The distinguishing characteristic of private goods is that
A) the principle of rival consumption does not apply to them. B) their use is exclusive to the people who purchase them. C) they can be sold but not rented. D) they can be sold or rented, but not borrowed.
Economics
Price controls on gasoline
A. create a surplus of gasoline. B. increase consumer surplus. C. create a shortage of gasoline. D. increase producer surplus for all producers.
Economics