An upward shift of the saving schedule suggests:
A. nothing with respect to changes in the APC and APS.
B. that the APC and APS have both decreased at each GDP level.
C. that the APC and APS have both increased at each GDP level.
D. that the APC has decreased and the APS has increased at each GDP level.
D. that the APC has decreased and the APS has increased at each GDP level.
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After the inflation of the Johnson-Nixon-Ford years (1963–1976), the Carter Administration, while still inflationary, managed to slow down the rate of advancing prices
Indicate whether the statement is true or false
The above figure shows four different markets with changes in either the supply curve or the demand curve. Which graph best illustrates the market for computers after technological advances in making computers occur?
A) Graph A B) Graph B C) Graph C D) Graph D
In the short run when output is zero, total cost is:
a. equal to total variable cost. b. greater than total fixed cost. c. equal to total fixed cost. d. less than total fixed cost. e. less than total variable cost.
The elimination of the federal budget deficit in the 1990s put downward pressure on real interest rates
a. True b. False Indicate whether the statement is true or false