A productivity decrease would be illustrated by a shift in the production function
A. downward.
B. leftward.
C. upward.
D. rightward.
Answer: A
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Under the Cambridge cash balance approach, money demand is determined by
A) nominal income. B) real income. C) the saving rate. D) velocity.
Which of the following is not a practice of Japanese physicians
a. Performing a unusually large number of surgeries. b. Seeing a large number of patients daily. c. Dispensing medicine to their patients. d. Accepting gifts of appreciation from their patients for special service. e. Discharging patients from the hospital after relative short average stays.
In the ordered pair (10,30), 10 is the horizontal location of the point and 30 is the vertical location of the point
a. True b. False Indicate whether the statement is true or false
Holding all else constant, a decrease in the real interest rate on U.S. assets will ________ the demand for dollars in the foreign exchange market and ________ the equilibrium Mexican peso/U.S. dollar exchange rate.
A. increase; decrease B. decrease; increase C. decrease; decrease D. increase; increase