A decrease in confidence will immediately shift
A. aggregate supply to the right.
B. aggregate demand to the right.
C. aggregate supply to the left.
D. aggregate demand to the left.
Answer: D
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If a firm increases its capital stock per person while holding constant the number of workers employed, the firm is said to experience
A) capital augmentation. B) labor intensity. C) capital deepening. D) investment deepening.
What role does the concept of cointegration and the order of integration play in modeling the relationship between variables? Explain how tests of cointegration work
What will be an ideal response?
The capital gains tax cut enacted in 2003 will hinder capital formation
a. True b. False Indicate whether the statement is true or false
which of the following will most likely occur under a system of clearly defined and enforced private property rights
What will be an ideal response?