Falling output, in the short run, could be due to:
A. an increase in short-run aggregate supply.
B. a reduction in aggregate demand.
C. an increase in long-run aggregate supply.
D. an increase in aggregate demand.
Answer: B
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Identify whether each of the following transactions will take place in the factor market or in the product market:
a. Shondra buys a Harley-Davidson Softail motorcycle. b. Aimee works 20 hours a week at a grocery store. c. Gustavo sells a warehouse to a produce delivery company. d. Ocean Spray increases employment at its Middleboro, Massachusetts plant.
If a security pays $110 next year and $121 the year after that, what is its yield to maturity if it sells for $200?
A) 9 percent B) 10 percent C) 11 percent D) 12 percent
The monetary policy strategy that results in the loss of an independent monetary policy is
A) exchange-rate targeting. B) monetary targeting. C) inflation targeting. D) the implicit nominal anchor.
European corporations have been described with the term:
a. laissez faire b. indirect capitalism c. shareholder capitalism d. managerial capitalism e. all of the above