CETA's heavy emphasis on public sector employment was regarded as a success
Indicate whether the statement is true or false
F
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Refer to Table 8-8. Suppose that a simple economy produces only four goods and services: sweaters, CDs, sugar, and soft drinks
Assume one half of the sugar is used in making the soft drinks and the other half of the sugar is purchased by households. Calculate nominal GDP for this simple economy.
A fear in investing in China
A) is based in fears of its declining population. B) relates to the value of property rights. C) can be overcome by not have Chinese operations. D) none of these choices.
Collective bargaining agreements that prohibit wage cuts for the duration of the contract contribute to:
A. an increase in aggregate supply. B. a price level that is inflexible downward. C. a multiplier effect. D. a wealth effect.
If demand increases while supply simultaneously decreases, then the equilibrium quantity
A. can never change. B. always increases. C. always decreases. D. None of these