All of the following would cause a rightward shift in the short-run aggregate-supply curve except
What will be an ideal response?
A war that reduces the economy's physical capital stock.
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If there is an excess supply of money
A) individuals sell bonds, causing the interest rate to rise. B) individuals sell bonds, causing the interest rate to fall. C) individuals buy bonds, causing interest rates to fall. D) individuals buy bonds, causing interest rates to rise.
Fill in the above table.
The figure below shows the market for MP3 players in a small country. Dd and Sd are the domestic demand and domestic supply curves of the MP3 players. QQ is the quota quantity. If the government auctions the import licenses, the quota on MP3 players will result in a(n) ________ in the national well-being by
A. decrease; $85 million. B. increase; $50 million. C. increase; $195 million. D. decrease; $35 million.
Approximately how many people became permanent legal residents of the United States in 2011?
A. 1,062,000. B. 854,000. C. 720,000. D. 251,000.