A. complements
B. substitutes
C. inferior
D. nromal
A. Pareto goods
B. public goods
C. private goods
D. free goods
A. ratchet inflation
B. inflationary expectations
C. import substitution
D. demand pull inflation
A. Redemption
B. Guarantee
C. Repo
D. Repurchase arrangements
A. trade diversion effect
B. increased monopoly power of firms
C. decrease customs costs
D. economy-of-scale effect
A. a maximum price usually set by government that sellers may charge for a good
B. the different between the initial equilibrium price and the equilibrium price after a decrease in supply
C. a minimum price usually set by government that sellers must charge for a good
D. a minimum price that consumers are willing to pay for a good.
A. private costs, private benefits
B. private costs, social costs or benefits
C. social costs, social benefit
D. insiders, outsiders