Other things the same, an increase in the price level induces less spending on
a. investment and net exports
b. investment, but not net exports.
c. net exports, but not investment.
d. neither net exports nor investment.
a
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Moving along the short-run Phillips curve, as the unemployment rate increases, the inflation rate
A) initially increases and then decreases. B) remains unchanged. C) increases. D) decreases. E) initially decreases and then increases.
What is price discrimination? Can a perfectly competitive firm price discriminate? Explain you answer
What will be an ideal response?
Everything else held constant, a decrease in planned investment expenditure ________ aggregate ________
A) increases; demand B) decreases; demand C) decreases; supply D) increases; supply
Loud music from a neighbor's party is
A) a negative externality whether or not you like it. B) a positive externality whether or not you like it. C) a positive externality if you like the music, and a negative externality if you don't. D) a negative externality if you like the music, and a positive externality if you don't. E) not an externality.