A positive supply shock causes ________ to ________
A) aggregate demand; increase
B) aggregate demand; decrease
C) short-run aggregate supply; decrease
D) short-run aggregate supply; increase
D
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The American Recovery and Reinvestment Act of 2009 called for:
A. a return to the gold standard. B. reductions in government spending and tax increases. C. the purchase of assets and equity from troubled financial institutions. D. increases in government spending and tax cuts.
Real wages increased in industrialized countries in the twentieth century because the demand for labor:
A. increased more slowly than the supply of labor increased. B. decreased, while the supply of labor increased. C. increased more rapidly than the supply of labor increased. D. increased, while the supply of labor decreased.
If grocery stores are able to place their own private label "generic" products wherever they wish, why do some managers deliberately put them on shelves that are hard to get to or difficult to notice?
What will be an ideal response?
To count as a period of recession...
What will be an ideal response?