Figure 10-18
Based on , when the aggregate demand curve is in the position AD1, the economy's position of long-run equilibrium corresponds to point
a.
E1.
b.
E2.
c.
E3.
d.
E1 or E2.
a
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An economy is better off with an increase in the stock of capital
Indicate whether the statement is true or false
Foreign direct investment includes portfolio investment
a. True b. False Indicate whether the statement is true or false
In the short run, a firm cannot change its level of output
Indicate whether the statement is true or false
If the price of mozzarella cheese (an ingredient in pizzas) declines due to a major technological breakthrough in the dairy industry, there would be:
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