When there is a large government deficit, what will happen to the aggregate demand curve?
a. It will shift to the left.
b. It will shift downward.
c. It will shift to the right.
d. It will not shift.
c. It will shift to the right.
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Globalization is defined as the process of countries becoming ________ open to foreign trade and ________ open to foreign investment
A) more; more B) more; less C) less; less D) less; more
The principle of asset valuation applies to
a. physical capital b. natural resources c. human capital d. stocks and bonds e. all of the above
Refer to the information provided in Figure 1.4 below to answer the question(s) that follow.
Figure 1.4Refer to Figure 1.4. Panel A shows a curve which has a slope that is
A. first negative, then zero, and then positive. B. infinite throughout. C. zero throughout. D. first positive, then zero, and then negative.
The diagnosis-related-group (DRG) system adopted by Medicare since 1983 has had the following effects, except:
A. Hospitals now receive a fixed payment for treating each patient B. The average length of a hospital stay has increased C. More patients are treated on an outpatient basis D. Hospitals now have an incentive to restrict the amount of resources used for patients