What would likely happen to the long-run aggregate supply curve if the U.S. federal government increases marginal tax rates on wages?
A) The LRAS curve would remain stable while the AD curve would shift leftward.
B) The LRAS curve would remain stable while the AD curve would shift rightward.
C) The LRAS curve would shift leftward.
D) The LRAS curve would shift rightward.
C
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A. stock. B. equity. C. bond. D. futures contract.
A mid-size firm may have a "__________" line of credit, meaning all or part of it can be converted into an intermediate-term loan
A) revolving B) secured C) guaranteed D) mezzanine
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A) World Trade Organization. B) European Union. C) General Agreement on Tariffs and Trade. D) North American Free Trade Agreement.
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a. whether the good is rival in consumption. b. whether the good is excludable. c. the marginal cost of the good. d. None of the above is correct.