If a country replaces its politically-controlled central bank with one that is independent, this will decrease inflation expectations and thereby increase investment. This will impact its economy by
A. decreasing aggregate demand.
B. decreasing aggregate supply.
C. increasing aggregate demand.
D. increasing aggregate supply.
Answer: C
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Which group or groups buy U.S. public debt?
a. Government agencies b. Private individuals c. Private institutions d. All of the above.
The division of labor refers to
A. workers being assigned specific tasks. B. creating jobs that all people can perform at the same level. C. separating men and women in the workforce. D. workers performing multiple tasks.
In the above table, the marginal cost of the fourth unit is
A. $6.00. B. $1.00. C. $24.00. D. $2.00.
The shape of a firm's long-run ________ depends on how costs vary with scale of operations.
A. marginal revenue curve B. variable cost curve C. average cost curve D. fixed cost curve