An increase in net exports will shift the aggregate expenditures curve ________.
A. downward and the aggregate demand curve rightward
B. downward and the aggregate demand curve leftward
C. upward and the aggregate demand curve leftward
D. upward and the aggregate demand curve rightward
Answer: D
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Between 2002 and 2011, legal immigration into the U.S. averaged about:
A. 500,000 per year B. 1 million per year C. 1.5 million per year D. 2.5 million per year
A profit-maximizing monopolist will choose to operate along the inelastic portion of its demand curve
a. True b. False Indicate whether the statement is true or false
Which of the following is most likely to reduce the incidence of employee shirking?
a. use of the corporate business structure, rather than an individual proprietorship b. closely relating the pay of workers to their productive contribution c. payment of identical wage rates to all workers d. providing workers with a year-end bonus if the business firm loses money during the year
Figure 18-3
In which panel of Figure 18-3 would an excise tax be borne entirely by the consumer?
A. 1 B. 2 C. 3 D. 4