Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A
B. Falling; A; C
C. Falling; B: C
D. Rising; A; C
Answer: B
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Using Figure 2 below, suppose that the economy started at PAE2. A potential change that could cause the economy to go from PAE2 to PAE1 might be:
A. consumption increases.
B. investment increases.
C. export increase.
D. government spending decreases.
Inflation only results in reduced unemployment when the expected inflation rate and actual inflation rate are the same.
Answer the following statement(s) true (T) or false (F)
This figure displays the choices being made by two coffee shops: Starbucks and Dunkin Donuts. Both companies are trying to decide whether or not to expand in an area. The area can handle only one of them expanding, and whoever expands will cause the other to lose some business. If they both expand, the market will be saturated, and neither company will do well. The payoffs are the additional profits (or losses) they will earn.According to the figure shown, Dunkin Donuts:
A. does not have a dominant strategy. B. should not expand, regardless of what Starbucks chooses to do. C. has first-mover advantage. D. should expand, regardless of what Starbucks chooses to do.
A productive project is one that generates
What will be an ideal response?