An increase in the price level causes the aggregate supply curve to shift to another supply schedule
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is the least tangible?
a. Social capital b. Physical capital c. Human capital d. All of these choices
The test statistic used to test the hypothesis of whether a regression coefficient is significantly different from zero, holding all other independent variables constant, is called a(n):
A) F-test. B) autocorrelation test. C) multicollinearity test. D) t-test.
________ in the foreign interest rate causes the demand for domestic assets to shift to the right and the domestic currency to ________, everything else held constant
A) An increase; appreciate B) An increase; depreciate C) A decrease; appreciate D) A decrease; depreciate
In the medium run, a tax cut that causes an increase in the budget deficit will affect which of the following?
A) the level of output but not its composition B) both the level and composition of output C) only the composition of output D) only the price level E) none of the above