An increase in the price level shifts the aggregate demand curve to the left
Indicate whether the statement is true or false
FALSE
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Other things the same, which of the following would increase productivity?
a. an increase in either human or physical capital b. an increase in human capital but not an increase in physical capital c. an increase in physical capital but not an increase in human capital d. neither an increase in human capital nor an increase in physical capital
In a wedge the equilibrium quantity is where ...
What will be an ideal response?
Which of the following is an example of a normative statement?
A. A high rate of economic growth creates jobs. B. The rate of unemployment is 9%. C. The federal government spends half of its budget on national defense. D. Everyone in the United States deserves to be covered by national health insurance.
At the point where the demand and supply curves for a product intersect,
What will be an ideal response?