Suppose that a curve has a slope equal to zero at some point A. To the right of A, the curve may
a. have a positive slope.
b. have a negative slope.
c. be a straight line.
d. All of the above are correct.
d
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Which of the following would affect both short-run and long-run aggregate supply?
a. a supply shock b. menu costs c. money illusion d. technological change e. a change in the general price level
Questions 4 and 5 show that the demand curve facing any firm and hence the pricing policy it chooses
What will be an ideal response?
What is an outside director?
A) a member of the board of directors who does not have a direct management role in the firm B) a member of a corporate board of directors that is also a manager of the business C) the CEO that is selected by the corporation's board of directors D) a board of director chair who has been in the job for less than one year
Social Security
A. Allows the market to determine FOR WHOM goods are produced. B. Is financed like private pension plans. C. Results in regressive wage replacement rates. D. Is an intergenerational redistribution of income.