Cost-push inflation can be described as a rightward shift of the aggregate supply curve.
Answer the following statement true (T) or false (F)
False
Economics
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Karl Marx published:
a. Das Kapital. b. General Theory of Communism. c. The Wealth of Nations. d. Capitalist Manifesto.
Economics
Positive statements can be checked, evaluated, or edited based on:
a. available evidence. b. personal choice. c. budget constraints. d. opportunity costs.
Economics
The government could close an inflationary gap by increasing government spending by some amount greater than taxes
Indicate whether the statement is true or false
Economics
A firm has 8 workers and each earns $100 a day. If the 8th worker has an MRP of $80, then the firm has _______ workers.
Fill in the blank(s) with the appropriate word(s).
Economics