There is no possibility of further widening of the European Union
Indicate whether the statement is true or false
FALSE
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The fact that output gaps will not last indefinitely, but will be closed by rising or falling inflation is the economy's:
A. income-expenditure multiplier. B. self-correcting property. C. short-run equilibrium property. D. long-run equilibrium property.
The market-demand curve for a product in a perfectly competitive market:
a. is horizontal. b. is downward sloping. c. is vertical. d. has elasticity equal to 1. e. is positively sloped.
Which of the following is a function of the headquarters of an M-form organization?
a. To take all decisions relating to the functioning of the various divisions. b. To measure and compare the performance of the different divisions. c. To solve the problems faced at lower levels of its different divisions. d. To ensure that all divisions work harmoniously with each other.
which of the following will shift the aggregate demand to the right
a. increase in government purchases b. reduction in consumer spending c. selling government securities by the federal reserve bank d. downsizing of corporate investment spending e. all of the above