A supply curve slopes downward because of the law of supply
a. True
b. False
Indicate whether the statement is true or false
False
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Use the following graphs to answer the next question.
In the graphs, the numbers in parentheses near the AD1, AD2, and AD3 labels indicate the level of investment spending associated with each curve, respectively. All numbers are in billions of dollars. The interest rate and the level of investment spending in the economy are at point C on the investment demand curve. To achieve the long-run goal of a noninflationary, full-employment output of Qf in the economy, the Fed should try to ________.
A. decrease aggregate demand by increasing the interest rate B. increase aggregate demand by increasing the interest rate C. make no change in the interest rate D. increase aggregate demand by decreasing the interest rate
Which of the following is most critical for the maintenance of an efficient and productive economy?
a. Money backed by gold or silver b. Steadily rising prices c. An unlimited and unregulated supply of money d. A properly functioning monetary system e. A well-organized barter system
When services are provided and financed by local rather than higher levels of government and people can move freely among governmental units,
What will be an ideal response?
What are trade adjustment assistance programs?
A. Away of subsidizing exports B. Attempts to compensate those who suffer losses when trade restrictions are reduced C. The use of exchange rate policies to equalize exports and imports D. A form of regulatory trade restriction