An increase in the price of a good is shown by a:
A. movement up and to the left along the supply curve.
B. movement down and to the right along the supply curve.
C. movement up and to the right along the supply curve.
D. movement down and to the left along the supply curve.
C. movement up and to the right along the supply curve.
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
What is a price ceiling?
What will be an ideal response?
The demand curve for a monopolistic competitor is likely to be flatter than that of a monopolist
a. True b. False Indicate whether the statement is true or false
Which of the following is true about fiscal policy?
What will be an ideal response?