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More cards in this set
Card 16
Front
A value statement that can be tested and proven correct or incorrect
Back
Card 17
Front
Increasing the National Minimum Wage will increase give rise to what?
Back
Card 18
Front
Removing regulations is an example of what macro policy
Back
Card 19
Front
A downturn in the economy may result in this type of unemployment
Back
Card 20
Front
Inflation caused by increases in raw material prices
Back
Card 21
Front
The fiscal policy approach to cure demand pull inflation
Back
Card 22
Front
A potential problem of Aggregate Demand Management policies
Back
Card 23
Front
The loss incurred when at the market rather than the social output level
Back
Card 24
Front
The cost incurred by the third party
Back
Card 25
Front
When demand increases how is supply impacted?
Back
See full card set