Refer to Figure 2-4. A movement from ________ could occur because of additional government restrictions toward allowing immigrant labor
A) Y to X B) W to X C) V to W D) X to W
A
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A tariff is which type of tax?
(a) Progressive (b) Regressive (c) Proportional (d) Neutral
A bank's return on assets (ROA) is calculated by dividing:
A. the bank's assets by its net worth. B. the bank's assets less its net profit after taxes by its net worth. C. the bank's net profits after taxes by its assets. D. the bank's net worth by its assets.
If the U.S. dollar increases in value relative to other currencies, how does this affect the aggregate demand curve?
A) This will move the economy up along a stationary aggregate demand curve. B) This will move the economy down along a stationary aggregate demand curve. C) This will shift the aggregate demand curve to the left. D) This will shift the aggregate demand curve to the right.
An unregulated natural monopoly can lead to all of the following except
A. Unfair monopoly profits. B. A suboptimal mix of output. C. Low prices for consumers. D. Less output than society wants.