If people expect real estate prices to increase significantly, the ________ curve for bonds will shift to the ________, everything else held constant
A) demand; right
B) demand; left
C) supply; left
D) supply; right
B
Economics
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The costs imposed on a firm from changing listed prices is termed: a. the nominal cost of inflation
b. the shoe-leather cost of inflation. c. the menu cost of inflation. d. the implied cost of inflation.
Economics
A decrease in the marginal physical product of labor shifts the demand for labor curve to the right
a. True b. False Indicate whether the statement is true or false
Economics
An equilibrium point beyond a potential GDP is termed as
A. deflationary gap. B. recessionary gap. C. inflationary gap. D. acceleration gap.
Economics
Firms in the long run do not experience diminishing marginal returns. Then why do some industries have upward-sloping long-run supply curves?
What will be an ideal response?
Economics