An exchange rate appreciation will shift the aggregate demand curve inward
a. True
b. False
Indicate whether the statement is true or false
True
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An investor in an index fund earning 12.3% per year would see an investment of $10,000 increase to approximately ____ in 25 years
a. $11,000 b. $48,000 c. $54,000 d. $170,000
In a market that is contestable, but has only a few sellers, the
a. threat of new entrants will prevent prices from rising above the competitive level. b. producers will be able to charge prices that are high enough to produce long-run economic profits. c. producers will not face new competition because the barriers to entry are high. d. market will never be expected to come close to the competitive result.
The longer any price change lasts over time, the
A) more difficult it is to alter quantity demanded. B) the more quickly quantity demanded will return to its original level. C) the longer the short-run equilibrium will continue to be the short-run equilibrium. D) more quantity demanded will change.
The highest labor-force participation rate is among
A. prime-age men and women. B. prime-age men C. prime-age women. D. non-prime-age men.