What is the slope of the line in the figure above?
A) 0.75
B) -0.75
C) 1.33
D) -1.33
E) zero
A
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In modern economies, the supply of money depends mainly on the economy's ________
A) tax rates B) mining of precious metals C) net exports D) growth of output of goods and services E) none of the above
Demand-pull inflation is associated with a(n):
a. decrease in the aggregate supply curve. b. increase in the aggregate supply curve. c. increase in the aggregate demand curve. d. decrease in the aggregate demand curve. e. decline in the availability of a productive resource
A firm chooses vertical integration to reduce all of the following costs, EXCEPT:
a. the cost of investing in diversified assets. b. the cost of finding a trading partner. c. the cost of devising and enforcing an agreement. d. the cost of evaluating the other party's performance.
A sales-maximizing firm produces the output level at which
a. MR = P. b. MR = MC. c. MR = AC. d. MR = 0.