The long-run aggregate supply curve is

A. upward sloping.
B. horizontal.
C. downward sloping.
D. vertical.


D. vertical.

Economics

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When people become unemployed because of a higher minimum wage, this type of unemployment is called:

a. frictional. b. structural. c. cyclical. d. abnormal.

Economics

An asset's specificity can be measured in terms of the percentage of its cost that can be recovered if it is redeployed into its next most valuable use

Indicate whether the statement is true or false

Economics

What was the U.S. inflation rate in 2009?

a. 2% b. -1% c. 0% d. 10%

Economics

he United States' economy was most depressed in

A. 1923. B. 1933. C. 1943. D. 1953.

Economics