A. increasing injections
B. Reducing taxation rates
C. Reducing interest rates
D. Reducing government spending
A. fail to respond to the adverse supply shock and allow the economy to adjust on its own.
B. respond to the adverse supply shock by decreasing aggregate demand which lower prices
C. respond to the adverse supply shock by decreasing short run aggregate supply
D. respond to the adverse supply shock by increasing aggregate demand, which further raises prices
A. must always be limited
B. maintains and fuels demand
C. is not a factor
D. is viewed unfavorably
A. actual differences in labor productivity between countries
B. relative differences in labor productivity between countries
C. Both (a) and (b)
D. Neither (a) nor (b)
A. Rice
B. Wheat
C. Cotton
D. Sugarcane
A. People lack information
B. People do not want to work
C. People do not have the right skills to work
D. People cannot afford to move location
A. Fall
B. Rise
C. Fluctuate
D. Remain constant