You operate a small poultry farm in east Texas. You sell most of your output through a regional distributor of poultry products in the area. In this case, you are subject to
a. Low buyer power
b. High buyer power
c. No buyer power
d. All of the above
b
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The short-run aggregate supply curve shifts leftward when the
A) price level increases. B) general level of technology advances. C) money wage rate increases. D) availability of on-the-job training expands to all workers.
In what year did the mutual fund industry in the United States begin?
A) 1812 B) 1924 C) 1974 D) 1990
Stagflation means a simultaneous decrease in the unemployment and inflation rates
a. True b. False Indicate whether the statement is true or false
From 2009 to 2012, the federal budget deficits were the largest budget shortfalls since World War II. The primary reason for the record-large deficits was
a. the recession experienced during this time. b. severe budget tightening by members of Congress. c. the shift in political power from Republicans to Democrats. d. All of the above are correct.