We have had some degree of inflation since
A. 1900.
B. 1920.
C. 1940.
D. 1960.
C. 1940.
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According to the real business cycle model, a rightward shift in the long-run aggregate supply schedule would be caused by ________
A) a negative supply shock B) an increase in aggregate demand C) a positive supply shock D) a decrease in aggregate demand
Externalities occur when a transaction directly impacts all the people involved in the transaction
a. True b. False Indicate whether the statement is true or false
Sources of water runoff include
a. farms b. highways c. publicly owned treatment works d. all of the above e. (a) and (b)only
Gino's Pizza shop hires workers in a competitive market to make pizza. The ingredients required to make each pizza cost $5. Daily output at Gino's Pizza varies with the number of workers hired, as shown in the table: Number of workersPizzas/day00116236354470584696 The marginal product of the 3rd worker is ________ pizzas per day.
A. 18 B. 14 C. 12 D. 16