Monetary policy and fiscal policy are the only factors that influence aggregate demand
a. True
b. False
Indicate whether the statement is true or false
False
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If Happy Campers is in tacit collusion with four smaller camping firms and Happy Campers consistently makes price changes that the other four firms then also make, this is an example of ________ by Happy Campers.
A) a meet-or-release clause B) a precommitment C) a meet-the-competition clause D) price leadership
Investment in a broad portfolio of stocks is most attractive for
A) short-term investors. B) long-term investors. C) investors seeking a fixed rate of return. D) investors who will need the funds for other purposes in about 10 years.
If new firms enter a monopolistically competitive industry, an individual firm's demand curve will _____________ (increase/decrease).
Fill in the blank(s) with the appropriate word(s).
Refer to the data. Real GDP in year 3 is:
Use the following table for a hypothetical single-product economy.
A. $100.
B. $450.
C. $225.
D. $150.