Exports ________ GDP and imports ________ GDP
A) decrease; decrease B) decrease; increase C) increase; increase D) increase; decrease
D
You might also like to view...
The impact of a decrease in the wage rate on labor supply will be represented by ________, assuming all else equal
A) a rightward shift of the labor supply curve B) an upward movement along the labor supply curve C) a leftward shift of the labor supply curve D) a downward movement along the labor supply curve
People who failed to look for a job are classified as
a. unemployed. b. underemployed. c. out of the labor force. d. part time employed.
How would many economists view inefficiency in oligopoly?
A. P > MC and P > minimum ATC B. P = MC and P > minimum ATC C. P = MC and P = minimum ATC D. P > MC and P = minimum ATC
The long-run aggregate supply curve
A. is vertical. B. slopes upward. C. slopes downward. D. is horizontal.