An appreciation of the Japanese yen would shift the Japanese aggregate demand curve inward
a. True
b. False
Indicate whether the statement is true or false
True
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Unemployment:
A. changes primarily because of macroeconomic forces. B. can have serious social consequences. C. can create uncertainty about the future. D. All of these are true.
A change in household preferences for saving that reduces the marginal propensity to save causes the consumption function to _____
a. become steeper b. become flatter c. shift upward d. shift downward
Which of the following would not shift a market labor supply curve to the right?
a. a decrease in the wage paid to workers in a competing market b. labor-augmenting technology c. a change in worker tastes so that workers want to retire later d. an increase in immigration
A profit-maximizing monopolistically competitive firm ________ MR = MC.
A. produces where B. shuts down when C. sells product at the price where D. is completely efficient when