If a positive permanent supply shock were to occur, the resulting equilibrium would be a:
A. higher level of output at lower prices.
B. lower level of output and prices.
C. higher level of output and prices.
D. lower level of output at higher prices.
Answer: A
Economics
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Indicate whether the statement is true or false
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Anything whose value can change is a:
A) variable. B) constant. C) hypothesis. D) all of the above.
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the total change in spending =
What will be an ideal response?
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