Traders expect the price of a nonrenewable natural resource to at a rate equal to the we call this idea the hotelling principle. a. rise; interest rate b. fall; average total cost c. fall; interest rate d. rise; average total cost

If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible policy response? cut taxes to encourage consumer spending invest in infrastructure increase government spending to stimulate the economy cut spending equal to the reduction in tax revenue what is a likely consequence of this policy? unemployment falls due to the economic stimulus. the negative consequences of the recession are magnified. consumer spending increases due to their ability to keep more of their after-tax income. there is hyperinflation due to an increase in aggregate demand.

An essential element of being receptive to messages is to have an open mind true or false

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