If the original level of aggregate demand is ad0, then an expansionary monetary policy that shifts aggregate demand to ad1 will only: a. create an inflationary increase in price level.
b. create an increase in gdp.
c. create an increase in unemployment.
d. create a deflationary loss in price level.

Afactory owner wants his workers to produce as many widgets as they can so he pays his workers based on how many widgets they produce. however, in order to make sure that the workers do not rush and produce a large number of poorly made widgets, he checks the widgets at random at various stages of their manufacture. if a defect is found in a widget, the pay of the entire section of the factory responsible for that defect is docked. how is this factory owner seeking to solve the agency conflict problem in this case?

For each example identify the most appropriate ctso

Why has the free enterprise system been modified to include some government intervention?