Gordon Suggests That Full Indexation of Production Costs to Nominal

question 126

Multiple Choice

Gordon suggests that full indexation of production costs to nominal AD would solve the macroeconomic externality.However,individual firms would be unlikely to extend full indexation to their workers because

• A)its local customers may not buy its products at the new price level.
• B)its suppliers may reside in foreign countries and are therefore,not subject to indexation.
• C)other competitor firms will not index their wages.
• D)All of the above.

Understand the concept of cyclothymic disorder and how it differs from bipolar disorders.

Identify and explain the significance of different types of research findings related to bipolar disorder, including genetic studies and studies on brain structure.

Understand the societal and technological impacts on mental health, specifically the role of social media.

Differentiate between bipolar I and bipolar II disorders in terms of their symptoms and severity.