From an initial long-run equilibrium, if aggregate demand grows more slowly than long-run and short-run aggregate supply, then Congress and the president would most likely
A) decrease oil prices.
B) decrease taxes.
C) increase the required reserve ratio and decrease government spending.
D) decrease government spending.
E) lower interest rates.
B
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GDP consistently measures the output of goods and services in all countries
a. True b. False Indicate whether the statement is true or false
A price excludable public good is such that
A. both rivalry and exclusivity hold. B. exclusivity holds, but rivalry does not. C. neither rivalry nor exclusivity hold. D. rivalry holds, but exclusivity does not.
When online seller Amazon sets the default mail option as two-day mailing instead of the free-shipping option, it is employing:
A. a RECAP. B. a nudge. C. a push. D. a tax.
The resource based view locates the source of competitive advantage at the
a. Individual firm level b. Industry level c. Both a and b d. None of the above