Temporary supply shocks change which of the following?
a. SRAS
b. LRAS.
c. AD.
d. Both a. and b.
a
Economics
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Which of the following graphical representations can be used most appropriately to show the distribution of a household's income, in terms of percentages, among the various categories of expenses?
A) A bar chart B) A time-series graph C) A pie chart D) A histogram chart
Economics
Distinguish the terms price ceiling and price floor.
What will be an ideal response?
Economics
If Tattling Tina does not tattle, what would Bratty Brenda's best response be
a. Hit b. Not hit c. Run d. Hide
Economics
If a nation that imports a good imposes a tariff, it will increase
a. the domestic quantity supplied. b. the efficiency of the equilibrium. c. the quantity imported from abroad. d. the domestic quantity demanded.
Economics