If there is a technological inprovement, PPF curve will shift inward.
Indicate whether the statement is true or false.
Answer: False.
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Which of the following is an example of a pure public good?
A) a lighthouse B) burritos C) a high school football game D) redwood forests
Keynesians believe that the difference between using an increase in the money supply compared with an increase in government spending to increase aggregate demand in the event of a recession is that if government spending is increased, ________ will
be ________ than if the money supply is increased. A) real interest rate; higher B) real interest rate; lower C) the price level; lower D) the price level; higher
A separate legal entity established by two or more companies to pursue shared business objectives.
What will be an ideal response?
A depreciation of the U.S. dollar ________ the price of U.S. imports, and ________ the price of U.S. exports.
A. decreases, increases B. increases, decreases C. increases, increases D. decreases, decreases