Which of the following will shift the aggregate demand curve to the left, ceteris paribus?
A) an increase in disposable income B) an increase in expected profits for firms
C) an increase in net exports D) an increase in interest rates
D
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A perfectly competitive market has
A) high barriers to entry or exit. B) homogeneous products. C) to do a lot of advertising to attract buyers. D) few firms.
The president of the Federal Reserve Bank of which district has a permanent vote in the Federal Open Market Committee?
a. San Francisco. b. New York. c. Chicago. d. Atlanta e. Boston.
The United States has never had deflation
a. True b. False Indicate whether the statement is true or false
Refer to the data below. The mutually-beneficial terms of trade will be:
Answer the following question based on the data provided in the tables below for two hypothetical nations, Wat and Xat. The nations have the production possibilities for rice and corn given in the following table:
A. Less than 2 units of rice for 1 unit of corn
B. Greater than 4 units of rice for 1 unit of corn
C. Between 3 and 5 units of corn for 1 unit of rice
D. Between 3 and 5 units of rice for 1 unit of corn