Which was not one of the main U.S. land acquisitions?
a. The Oregon Country
b. The Texas Annexation
c. The Florida Acquisition
d. The Gadsden Purchase
e. All of the above are U.S. land acquisitions.
d. e. All of the above are U.S. land acquisitions.
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Everything else remaining unchanged, what is likely to happen to the equilibrium quantity of credit and the real interest rate if:
a. the credit demand curve shifts to the right? b. the credit supply curve shifts to the left? What will be an ideal response?
If potential GDP increases, then the
A) real wage rate increases. B) real wage rate falls. C) aggregate supply curve shifts leftward. D) aggregate demand curve shifts rightward. E) aggregate supply curve shifts rightward.
Explain why baseball ticket prices may increase when a team pays a new player a large salary, but will remain unchanged when a current player gets a salary increase
What will be an ideal response?
According to the traditional Keynesian approach, if the government increases taxes, then
A) real Gross Domestic Product (GDP) will fall and the price level will remain constant. B) real Gross Domestic Product (GDP) will fall but the price level will rise. C) both real Gross Domestic Product (GDP) and the price level will fall. D) real Gross Domestic Product (GDP) will remain constant but the price level will rise.