Which of the following shifts the short-run aggregate supply curve to the right?
a. an increase in the money supply
b. an increase in the price level
c. a decrease in the expected price level
d. All of the above are correct.
c
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When two or more individuals own a business that does not have a legal existence separate from that of the individuals, it is known as a
a. joint proprietorship. b. multi-owner corporation. c. partnership. d. cooperative.
They very ________ growth of office and retail space in the 1980s was due in part to financial deregulation that ________
A) slow, limited the growth of bank and S&L deposits B) slow, gave massive tax advantages to mortgage lending C) rapid, allowed S&Ls to make business real estate loans D) rapid, raised the depreciation tax deduction on these structures
The cost of two inputs A and B are $100 and $200 per unit per month. A firm can afford to invest $10,000 per month on these inputs. The firm uses 30 units of A. Given a linear isocost such that the entire budget is exhausted, the firm will use 10 units of B
Indicate whether the statement is true or false
Exhibit 11-6 Aggregate demand and supply model
In Exhibit 11-6, if the aggregate demand curve is at AD3, the government should:
A. raise taxes to move to AD1. B. cut taxes to move to AD2. C. not change its behavior. D. cut spending to move to AD2.