Questions from General Economics

Q: What should happen to the money supply to combat demand-pull

What should happen to the money supply to combat demand-pull inflation?

Q: What might be a general distinction between oligopolists that advertise and those

What might be a general distinction between oligopolists that advertise and those that do not?

Q: If you got a 7% pay raise did your real income

If you got a 7% pay raise did your real income necessarily rise by 7%?

Q: Which type of inflation is usually most pronounced during the expansionary phase

Which type of inflation is usually most pronounced during the expansionary phase of the business cycle?

Q: If workers push for higher wages and receive them, could this

If workers push for higher wages and receive them, could this create inflation? If so, what kind of inflation would this create?

Q: What can cause an increase in AD and therefore the real GDP

What can cause an increase in AD and therefore the real GDP and price levels?

Q: Can equilibrium occur below full employment? Why, or why not

Can equilibrium occur below full employment? Why, or why not?

Q: What impact would an increase in the nation's money supply or the

What impact would an increase in the nation's money supply or the federal government's budget deficit have on the real GDP and price level in the macroeconomy? What phase of the business cycle might t...

Q: What impact would a dramatic increase in the world price of oil

What impact would a dramatic increase in the world price of oil have on the national economy?

Q: If AD was increasing quite a bit pushing the economy toward full

If AD was increasing quite a bit pushing the economy toward full employment, but was creating politically unacceptable high rates of inflation, what might the government want to do with its spending a...