A positive demand shock causes a ________ the IS curve and a ________ the aggregate demand curve
A) movement up along; shift to the right of
B) shift to the right of; movement down along
C) movement down along; movement down along
D) shift to the right; shift to the right of
D
You might also like to view...
If the government has a budget deficit, crowding out might occur. Crowding out leads to all of the following EXCEPT
A) a higher real interest rate. B) a decreased quantity of investment. C) a smaller capital stock in the future. D) decreased private saving.
How do we know when a market is contestable?
What will be an ideal response?
Which of the following statements explains the difference between diminishing returns and diseconomies of scale?
A) Diminishing returns apply only to the short run; diseconomies of scale apply only in the long run. B) Diminishing returns cause a firm's marginal cost curve to rise; diseconomies of scale cause a firm's marginal cost curve to fall. C) Diminishing returns are the result of changes in explicit costs. Diseconomies of scale are the result of changes in explicit costs and implicit costs. D) Diminishing returns refer to production while diseconomies of scale refer to costs.
Currently in the United States, the ________ must examine the facts of each resale maintenance case using the ________.
A) Supreme Court; hardcore restriction approach B) lower courts; rule of reason approach C) Supreme Court; rule of reason approach D) lower courts; hardcore restriction approach