A rise in net exports shifts the
A) AD curve leftward.
B) AD curve rightward.
C) SRAS curve leftward.
D) SRAS curve rightward.
B
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Which of the following is an example of an external cost?
A) a grove of trees planted in a park in Seattle B) a library built in Philadelphia C) a new, faster computer chip D) an oil spill off the coast of South America E) a student graduating from college
If a determinant of demand other than price changes, the demand curve shifts
a. True b. False Indicate whether the statement is true or false
On December 16, 2008, the FOMC announced it would lower its target for the federal funds rate to between ________ and ________?
a. 0 ; .50 b. 1; 1.85 c. 0; .25 d. 1; 2
A cost that involves spending money is
A) an implicit cost. B) an explicit cost. C) an opportunity cost. D) an indirect cost.