A horizontal line showing the current rate of inflation, as determined by past expectations and pricing decisions is called the:

A. aggregate demand curve.
B. short-run aggregate supply line.
C. short-run equilibrium output line.
D. long-run aggregate supply line.


Answer: B

Economics

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Which part of the Foreign Corrupt Practice Act (FCPA) prohibits employees and representatives of U.S. firms from bribing foreign officials?

A) Part I B) Part III C) Part II D) Part VI

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One possible benefit of a monopoly is:

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Economics

Which of the following is concerned primarily with mergers?

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Economics