Supply curves

A) slope upward.
B) slope downward.
C) are horizontal.
D) can have many shapes.


D

Economics

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In the United States, the payroll tax is also called a

a. dividend income tax. b. social insurance tax. c. value added tax. d. capital gains tax.

Economics

If the equation y = 15 - 4x was plotted, the:

A. vertical intercept would be -4. B. vertical intercept would be +4. C. vertical intercept would be +9. D. slope would be -4.

Economics

Classical economists believed that economic slowdowns are self-correcting.

Answer the following statement true (T) or false (F)

Economics

Calculate the rate of inflation between Year 1 and Year 2. The price index in Year 1 was 124.0. It was 130.7 in Year 2.

What will be an ideal response?

Economics