An increase in the expected price level shifts the short-run aggregate supply curve to the right
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is NOT a benefit to an individual purchasing a mutual fund?
A) reduced risk B) lower transactions costs C) free-riding D) diversification
Mary and Jane are partners in a business. Their business is growing but has not yet reached the point where they can afford a new delivery truck. Jane owns an old truck that she has not been using. She decides to donate it to their business for free.
A. This transaction involves no economic cost and no accounting cost. B. This transaction involves economic cost but no accounting cost. C. This transaction involves both economic cost and accounting cost. D. This transaction (donation) involves no economic cost.
Refer to Figure 13.3. If exchange rates are floating, fiscal policy designed to reduce the federal deficit and the typical Fed response to the change in inflation caused by the fiscal policy would best be represented by a movement from ________ in
panel (a) and a corresponding movement from ________ in panel (b). A) point A to point D; point X to point Y B) point C to point B; point X to point Y C) point D to point A; point Y to point X D) point B to point C; point Y to point X
.An unanticipated shift to a more restrictive monetary policy by the Fed will result in which of the following?
What will be an ideal response?