An increase in the amount of human capital labor... the short-run aggregate supply curve and ... the long-run aggregate supply curve
What will be an ideal response?
shifts; shifts
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Before 1863
A) federally-chartered banks had regulatory advantages not granted to state-chartered banks. B) the number of federally-chartered banks grew at a much faster rate than at any other time since the end of the Civil War. C) banks acquired funds by issuing banknotes. D) banks were required to maintain 100% of their deposits as reserves.
When marginal cost exceeds marginal revenue,
A. marginal profit < 0. B. the firm should increase output. C. marginal profit + marginal cost > marginal revenue. D. marginal cost < marginal revenue - marginal profit.
Real gross domestic product is the total value of all: a. goods and services produced in a country adjusted for inflation
b. goods and services produced in a country without an adjustment for inflation. c. final goods and produced in a country services adjusted for inflation. d. final goods and services produced in a country without adjustment for inflation.
The CPI in period 1 is 300 and the CPI in period 2 is 150. The rate of inflation between period 1 and period 2 is
A. -100%. B. -60%. C. -50%. D. 33.33%.