Which of the following would both shift aggregate demand right?
a. the price level decreases and government expenditures increase.
b. the price level decreases and the government repeals an investment tax credit.
c. taxes decrease and government expenditures increase.
d. None of the above are correct.
c
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Why are the governments of developed countries concerned about the quality of education in their countries?
What effect does education play in determining the country's economic growth rate and its standard of living? Why does it have this effect?
Other things being equal, a decrease in the workplace amenities, such as decreased health care and less generous vacation options, would tend to shift the labor supply curve to the ____, thereby causing the market wages to ____
a. right; fall b. right; increase c. left; fall d. left; rise
The Single European Act
A) created a common currency. B) created a free trade area. C) created a customs union. D) created a common market for capital and labor.
As a percentage of GDP, U.S. exports are:
A. greater than U.S. imports. B. about 20 percent. C. considerably lower than in several other industrially advanced nations. D. higher than in Canada but lower than in Germany.