An increase in investment combined with a decrease in education would have an indeterminate effect on both short run and long run aggregate supply

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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The decision to make the U.S. income tax system progressive was

A) a positive decision. B) a normative decision. C) a decision that was needed to minimize the excess burden of taxation. D) a progressive decision.

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Describe the main factors economists believe cause inequality of income

What will be an ideal response?

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What is "market signaling"?

What will be an ideal response?

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The city of London imposes congestion fees on cars and trucks that drive in central London. The charge is higher Monday through Friday than on weekends. This example of

A. peak pricing. B. positive externalities. C. profit maximizing. D. British socialism.

Economics