Congress's passage of new laws significantly increasing the regulation of business would tend to ________.
A. increase per-unit production costs and shift the aggregate demand curve to the left
B. increase per-unit production costs and shift the aggregate supply curve to the right
C. increase per-unit production costs and shift the aggregate demand curve to the right
D. increase per-unit production costs and shift the aggregate supply curve to the left
Answer: D
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Conditional sales all involve the ________ relationship between ________.
A) horizontal; two buyers B) vertical; a seller and a buyer C) vertical; two sellers D) horizontal; a seller and a buyer
There are several motives for holding assets in the form of money. What are they? Provide an example of each
Statistical studies in the United States have reached the conclusion that for most workers the response of labor supply to wage changes is
A. quite strong. B. not very strong. C. inverted. D. always zero.
An elasticity that would be considered only slightly inelastic would be
A. 0.1. B. 0.9. C. 1.0. D. 1.1.