What is a "structural" relationship?

A) a relationship that depends on the basic behavior of consumers and firms and remains unchanged over long periods
B) any relationship that cannot be anticipated
C) a relationship that depends on the size of firm investments in capital such as buildings and other structures
D) a relationship between any two variables that is temporary


A

Economics

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Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as 

A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward

Economics

Attitudes toward public land use have changed numerous times since the late 1800s

Indicate whether the statement is true or false

Economics

Let's play Jeopardy. The answer is: Because more goods are produced at lower prices and no country loses. The question is:

a. Why do countries engage in dumping? b. Why do countries retaliate? c. Why do nations trade? d. Why is comparative advantage preferred to absolute advantage? e. Why is absolute advantage preferred to comparative advantage?

Economics

Many external costs occur because

a. people do not pay the true cost of using a resource. b. people do not pay the private cost of using a resource. c. companies do not pay the market price for natural resources. d. companies pay more than the true cost of using a resource.

Economics