If the economy receives an influx of new workers from immigration
A) the long-run aggregate supply curve will shift to the right.
B) we will move down along the long-run aggregate supply curve.
C) we will move up along the long-run aggregate supply curve.
D) the long-run aggregate supply curve will shift to the left.
A
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Private ownership
What will be an ideal response?
The majority of economists feel that ______.
a. the central bank should follow political business cycles b. the central bank should support the wishes of the incumbent party c. fiscal policy should take the lead role in stabilization d. monetary policy should take the lead role in stabilization
Oksana deposits $90,000 at Flynn Bank. Flynn Bank has a required reserve ratio of 15 percent. How much money could Oksana’s deposit potentially create?
a. $76,500 b. $90,000 c. $600,000 d. $13,500
In the United States, business cycles have occurred against a backdrop of a long-run trend of:
A. declining unemployment. B. rising inflation. C. rising real GDP. D. stagnant productivity growth.