When aggregate demand shifts rightward along the short-run aggregate-supply curve, inflation
a. increases and unemployment increases.
b. increases and unemployment decreases.
c. decreases and unemployment increases.
d. decreases and unemployment decreases.
b
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An increase in the quantity of money ________ aggregate demand and ________
A) increases; shifts the aggregate demand curve rightward B) increases; shifts the aggregate demand curve leftward C) decreases; shifts the aggregate demand curve leftward D) increases; rotates the aggregate demand curve so it is steeper E) decreases; shifts the aggregate demand curve rightward
A good that is rival but nonexcludable is a ________
Fill in the blank(s) with correct word
A network externality refers to a situation in which the usefulness of a product decreases with the number of consumers who use it
Indicate whether the statement is true or false
To help with motivation, long-term productivity, and retention, firms with internal labor markets tend to offer all of the following except
A. benchmark competitive wages. B. efficiency wages. C. pay based on job seniority. D. internally based promotion systems.