Suppose that people expect inflation to equal 4 percent, but in fact, prices rise by 2 percent. which of the following groups or individuals are hurt by this unexpectedly low inflation rate? check all that apply

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided

You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $400 billion, (2) investment = $40 billion, (3) government purchases = $90 billion, and (4) net export = $25 billion. if the full-employment level of gdp for this economy is $600 billion, then what combination of actions would be most consistent with closing the gdp gap here?

Andrew owns a store in polk county. his trade extends throughout river city, but not beyond the county limits. he sells his store to betty and, as part of the transaction, agrees not to engage in the same business anywhere in river city for a period of five years. a. the time restraint is likely reasonable. b. the geographic restraint is likely reasonable. c. the agreement likely violates antitrust laws and the provision is not enforceable. d. both (a) and (b).