What is the answer for the question Despite their differences, with which proposition are two economists chosen at random most likely to agree? A) Employers should not be restricted from outsourcing work to foreign nations. B) Centeral Banks should focus more on mainstreaming low unemployment than on maintaining low inflation. C) Business managers can raise profit by reducing costs than by raising revenue.

Q: Why are institutions persistent and often unchanging according to Daron Acemoglu?

A: The provided question has been answered from Daron Acemoglu's theories on Institutitonal…

Q: By how much did the pace of tuition hikes exceed the 2016 average rate of inflation?

A: Inflation can be defined as a general increase in prices and a fall in the purchasing power of…

Q: The rate of inflation in Zimbabwe rose in 2018 from 10.6% to 577.21% in 2020.  What was the positive…

A: Inflation shows the increase in price level of goods and services in an economy. When price level…

Q: Select one of the ten principles of economics that you find most relevant to address the challenges…

A: A  fundamental concept in economics, the principle of comparative advantage directs nations on how…

Q: 1) Answer the followings: a-c a) Unanticipated inflation helps some groups in the economy. T or F…

A: Anticipated inflation refers to the expectation about the decrease or increase in the inflation rate…

Q: The cost of inflation reduction is a large, permanent increase in unemployment. true or false

A: The Phillips curve basically depicts the relationship between inflation and unemployment, and the…

Q: Long run macroeconomics focuses on economic growth and cyclical unemployment. True or False

A: Economic Growth describes how a country increases its production of goods and services. Employment…

Q: If there is a high rate of inflation (as well as an ample money supply), this finding is associated…

A: In economics, there are numerous principles applied at the marketplace based on different markets…