The collection of rent by landlords was opposed by
A. Pierre-Joseph Proudhon.
B. Henry George.
C. both Henry George and Pierre-Joseph Proudhon.
D. neither Henry George nor Pierre-Joseph Proudhon.
C. both Henry George and Pierre-Joseph Proudhon.
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An upward-sloping LM curve implies that the expenditure multiplier, when compared with the simple Keynesian expenditure multiplier, is
A) smaller. B) larger. C) equal. D) equal to the inverse of the simple multiplier.
Why do we use two supply curves in the aggregate goods and services market? What is the difference between them, and why do they have different slopes?
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Indicate whether the statement is true or false