Country risk analysis involves a consideration of only economic factors
Indicate whether the statement is true or false
FALSE
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Evidence indicates that the typical person who becomes unemployed will
a. soon find a job. b. find a job but not before a year or more has gone by. c. leave the labor force and never return. d. retire soon after
Supply-side policy is designed to
A. Shift the production possibilities curve outward and shift the long-run aggregate supply curve to the right. B. Shift the production possibilities curve outward and shift the aggregate supply curve to the left. C. Move the economy from a point inside the production possibilities curve to a point on the curve and shift the aggregate supply curve to the right. D. Move the economy from a point inside the production possibilities curve to a point on the curve and shift the aggregate supply curve to the left.
Using Figure 1 above, if the aggregate demand curve shifts from AD1 to AD2 the result in the long run would be:
A. P1 and Y2. B. P2 and Y2. C. P3 and Y1. D. P2 and Y3.
If a farmer buys one-hundred more acres for her flower farm, she is making a
A) long-run decision. B) short-run decision. C) immediate-run decision. D) variable-input decision.