The short-run aggregate supply curve is
A) downward sloping.
B) upward sloping.
C) vertical.
D) horizontal.
B
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The consumption schedule shows the relationship of household consumption to the level of
A. the marginal propensity to consume. B. investment. C. disposable income. D. saving.
The demand for money curve is drawn
A) holding several things constant, including the price level and interest rates. B) with interest rates on the vertical axis and the curve sloping down since lower interest rates mean the "price" of holding money has fallen. C) holding several things constant, including GDP and interest rates. D) with interest rates on the horizontal axis, and the curve sloping up since the "price" of holding money varies directly with the interest rate.
Trade policies in which industries have been the most contentious in the Doha Round?
What will be an ideal response?
Which of the following might be a way that an automobile driver's pollution costs could be internalized?
A. The state could pay a gas subsidy for everyone who drives. B. The driver could purchase abatement equipment for her car. C. The state could eliminate gas taxes. D. The state could allow her to drive in the High-Occupancy Vehicle (HOV) lane.