An increase in aggregate demand will shift the short-run Phillips curve to the right.
Answer the following statement true (T) or false (F)
True
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How could the removal of labor market distortions increase employment even if the elasticity of factor substitution is very low?
What will be an ideal response?
If, for a $1000 premium, you buy a $100,000 put option on bond futures with a strike price of 110, and at the expiration date the price is 114, your ________ is ________
A) profit; $1000 B) loss; $1000 C) profit; $3000 D) loss; $3000
The idea that rational employers think at the margin is central to understanding how many units of labor they choose to employ
a. True b. False Indicate whether the statement is true or false
Trade barriers are an expensive and inefficient way to reach most of the goals for which they are used
Indicate whether the statement is true or false