Which of the following would shift the long-run aggregate supply curve to the right?
A. The elimination of job training programs.
B. The elimination of government-subsidized college loans.
C. A decrease in the marginal propensity to save.
D. Political and economic stability.
Answer: D
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Some people argue that protection discourages dependency. Explain this argument
What will be an ideal response?
At the federal level, the single most important tax, accounting for slightly less than half of revenue, is the:
A. corporate income tax. B. personal income tax. C. sales tax. D. property tax.
Foreign investors owned _______% of the publicly held national debt in 1970.
Fill in the blank(s) with the appropriate word(s).
The shape of the demand curve facing an oligopolist depends on the responses of its rivals to a change in the price of its own output.
Answer the following statement true (T) or false (F)