Which of the following would cause the long-run aggregate supply curve to shift to the right?
A) an increase in wages
B) an increase in demand
C) an increase in productivity
D) an increase in taxes on profits
Ans: C) an increase in productivity
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Make use of a graph of the foreign exchange market to show how the Brazilian Central Bank can use an unsterilized intervention to reduce the value of its currency, the real, in terms of the dollar
What will be an ideal response?
A rise in price will always result in an increase in the total amount consumers spend on a product
a. True b. False Indicate whether the statement is true or false
In the open-economy macroeconomic model, if the supply of loanable funds shifts right
a. the interest rate rises and the demand for dollars in the market for foreign currency exchange shifts right. b. the interest rate rises and the demand for dollars in the market for foreign currency exchange shifts left. c. the interest rate falls and the supply of dollars in the market for foreign-currency exchange shifts right. d. the interest rate falls and the supply of dollars in the market for foreign currency exchange shifts left.
Stephanie listens to rap music because her friends do. This is
A) a positive-sum game. B) collusion. C) positive market feedback. D) negative market feedback.