Today's industrialized economies
a. have always specialized in capital intensive production
b. have always specialized in heavy industry
c. began their industrialization in labor intensive production
d. began their industrialization in heavy industry then moved into light industry
e. none of the above
C
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If real GDP decreases, there is
A) an upward movement along the demand for money curve and no shift of the curve. B) a leftward shift of the demand for money curve. C) no movement along the demand for money curve and the curve does not shift. D) a downward movement along the demand for money curve and no shift of the curve. E) a rightward shift of the demand for money curve.
A decrease in the liquidity of corporate bonds, other things being equal, shifts the demand curve for corporate bonds to the ________ and the demand curve for Treasury bonds shifts to the ________
A) right; right B) right; left C) left; left D) left; right
The graph shown portrays a subsidy to buyers. Before the subsidy is put in place, the producers sold _____ units and received _____ for each of them.
A. 100; $46
B. 100; $30
C. 150; $40
D. 150; $24
The long-run aggregate supply curve illustrates the...
What will be an ideal response?