A decrease in supply _____ price and _____ the quantity sold.
Fill in the blank(s) with the appropriate word(s).
raises; decreases
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_____ is the resource whose productivity is most commonly measured
a. Labor b. Capital c. Land d. Energy e. Money
Almost one-half of corporate stock in the United States is owned by people whose annual income exceeds $100,000
Indicate whether the statement is true or false
Because of __________, an increase in the saving rate leads to higher growth of income and productivity only for a while
Fill in the blank(s) with correct word
Personal income taxes rise. This lowers __________, which lowers __________ and the __________ curve shifts __________
A) net exports; aggregate demand (AD); AD; leftward B) consumption; short-run aggregate supply (SRAS); SRAS; rightward C) government revenue; net exports; AD; rightward D) consumption; aggregate demand (AD); AD; leftward E) none of the above