The general shape of the short-run aggregate supply curve is:
a. upward sloping

b. downward sloping.
c. vertical.
d. horizontal.


a

Economics

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Consensus research concludes that medical technology is responsible for much of the increase in medical care spending over the past several decades.This probably means

a. That better availability means wider use. b. That poorer availability means less use and poorer health outcomes. c. That medical care is increasingly expensive d. All of the above are correct.

Economics

When the price of a resource is set below equilibrium,

a. excess demand for the resource will occur. b. excess supply of the resource will result. c. the supply of the resource will be inelastic. d. the demand for the resource will be inelastic.

Economics

Calculate the price of a zero coupon bond that has an interest rate of 6.65% (.0665), a face value of $100.00 and six-months to maturity.

What will be an ideal response?

Economics

A federal budget deficit ________ the change in government bonds issued by the U.S. Treasury and ________ the national debt

Fill in the blank(s) with correct word

Economics