Economic growth would be illustrated by
A) a rightward shift of aggregate demand.
B) a leftward shift of aggregate demand.
C) a rightward shift of aggregate supply.
D) a leftward shift of aggregate supply.
C
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If a natural monopoly is regulated using the marginal cost pricing rule, how does the regulation affect prices, outputs, profits, and the distribution of surpluses? What are the pros and cons to this method of regulation?
What will be an ideal response?
Expansionary fiscal policy should raise the exchange rate of the dollar
Indicate whether the statement is true or false
Due to the recent increase in the price of natural gas, the quantity of coal demanded by electric power generation plants has increased. Based on this information, coal and natural gas are:
A) complements. B) substitutes. C) independent goods. D) none of the above
An increase in the interest rate will stimulate firms' investment spending
a. True b. False Indicate whether the statement is true or false