Tax rebates given for making specific investments will cause the:
a. aggregate demand curve to shift rightward.
b. aggregate demand curve to shift leftward.
c. aggregate supply curve to shift leftward
d. aggregate supply curve to shift rightward.
a
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Price floors are designed to
A) establish a minimum allowable price. B) allow free market prices to be achieved. C) create shortages where none existed before. D) none of the above.
A U.S. company begins selling its products in France. Despite brisk sales, the company doesn't make enough profit to cover its expenses. When setting prices, the company simply used the same prices in both countries. For example, $5.99 = 5.99 French francs; $2.89 = 2.89 French francs. What risk of international business did the company not consider?
A. Language variations B. Currency fluctuations C. Differences in laws D. Opportunity costs
Who is the most likely to be a union member in the United States?
A. A female retail trade worker. B. A male transportation worker. C. An African-American manager. D. A white agricultural worker.
If the MPS is 1/3, a $100 increase in net exports will
A. increase real Gross Domestic Product (GDP) by $100. B. reduce real Gross Domestic Product (GDP) by $100. C. reduce real Gross Domestic Product (GDP) by $300. D. increase real Gross Domestic Product (GDP) by $300.