Use the graph below to answer the next question.
Other things equal, an increase the aging population in the United States would do what to the demand for nurses?
A. shift from D3 to D2
B. shift from D2 to D3
C. move from b to a on D1
D. move from a to b on D1
Answer: B
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What is the principal difference between the neo-Keynesian and rational expectations theories concerning stabilization policy?
The highest marginal tax rate for the federal income tax in the United States is
a. 10 percent b. 28.3 percent c. 35 percent d. 45.4 percent e. 50 percent
Refer to the graph above. When output increases from Q 1 and the price level decreases from P 1, this change will:
Be caused by a shift in the aggregate supply curve from AS1 to AS2 Result in a movement along the aggregate demand curve from e3 to e1 Result in a movement along the aggregate demand curve from e1 to e2 Be caused by a shift in the aggregate supply curve from AS1 to AS3
Bank's hold marketable securities as part of their assets. For U.S. banks these marketable securities include:
A. only bonds. B. only the stocks of U.S. corporations. C. only the bonds of the U.S. treasury. D. stocks and bonds.