If a hurricane were to wipe out the majority of the eastern seaboard in the United States:
A. neither the short-run nor long-run aggregate supply curves would be affected.
B. only the long-run aggregate supply curve would shift left.
C. only the short-run aggregate supply curve would shift left.
D. the long-run and short-run aggregate supply curves would both shift left.
Answer: D
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Which type of managed care organization has the strictest cost control features?
a. Group-model HMO. b. IPA. c. POS plan. d. Closed-panel HMO. e. PPO.
The demand faced by firms within which of the following industries is most nearly horizontal?
a. steel b. computer operating systems c. vegetables d. automobiles e. books
Refer to the above diagram. If the production possibilities curve of an economy shifts from AB to EF, it is most likely the result of what factor affecting economic growth?
A. An efficiency factor. B. A demand factor. C. An allocation factor. D. A supply factor.
The level of U.S. exports depends ________ the level of income in other countries.
A. indirectly on B. directly on C. entirely on D. inversely with