In a short-run macroeconomics equilibrium, potential GDP exceeds real GDP, so the...
What will be an ideal response?
short-run aggregate supply curve will shift rightward as the money wage rate falls
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If people expect the foreign exchange rate for dollars to rise in the future
A) the demand for dollars today decreases. B) the demand for dollars today increases. C) the demand for dollars today is unaffected. D) there is a movement along the demand curve for dollars.
High transactions costs are reflected in
A) wide bid-asked spreads. B) narrow bid-asked spreads. C) high equilibrium prices. D) low equilibrium prices.
Corporations can obtain investment funds by
a. buying government securities b. selling stock c. increasing dividends d. purchasing more capital e. buying back stock
An example of a poverty trap is:
A. the malnourished not having enough energy to develop their economy. B. the uneducated leaving the home country for more opportunities. C. those not having basic immunizations dying more from rare diseases. D. All of these are examples of poverty traps.