In the figure above, an increase in z leads to a
A) movement down along one of the lines showing the relationship between x and y.
B) rightward shift of the line showing the relationship between x and y.
C) trend change in both x and y.
D) leftward shift of the line showing the relationship between x and y.
E) movement up along one of the lines showing the relationship between x and y.
D
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Asset trades that deal with equity instruments are best described as
A) share of stock. B) exchange rate. C) bonds. D) bank deposits. E) factors.
Long-run equilibrium in the goods and services market requires that
a. aggregate supply equals aggregate demand and that decision makers correctly anticipate the level of prices. b. the unemployment rate is zero. c. prices are neither increasing nor decreasing. d. aggregate supply be larger than aggregate demand.
In the economy of Talikastan in 2015, exports were $500, GDP was $6400, government purchases were $1700, imports were $400, and investment was $1800 . What was Talikastan's consumption in 2015?
a. $2000 b. $2800 c. $3000 d. $3800
One reason stagflation is difficult to recover from is because:
A. less output requires less inputs to be hired. B. prices tend to adjust more quickly downward than upward. C. wages are sticky downward. D. input prices increase with output prices.