The aggregate demand curve is the relationship between the:
A. price level and the distribution of real domestic output.
B. price level and the purchasing of real domestic output.
C. price level and the sales of producers.
D. real domestic output bought and the real domestic output sold.
Answer: B
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Assuming there is a rise in supply of copper, if the market for copper is allowed to adjust, the ultimate result will be:
A) an increase in price and an increase in the quantity demanded. B) an increase in price and an increase in the quantity supplied. C) a decrease in price and an increase in the quantity demanded. D) a decrease in price and an increase in the quantity supplied.
Use the above table. The MFC of the 4th worker is
A) $5. B) $6.25. C) $25. D) $40.
The statement that there is a direct relation between x and y means that
a. x and y move in the same direction b. x causes y c. y causes x d. either y causes x or x causes y e. the causal connection between x and y is immediate
Nicole has just finished high school and started looking for her first job, but has not yet found one. As a result, the unemployment rate
a. increases, and the labor-force participation rate is unaffected. b. increases, and the labor-force participation rate increases. c. is unaffected, and the labor-force participation rate increases. d. increases, and the labor-force participation rate decreases.