In response to the demands of environmentalists, large sections of timberlands are put off limits to logging. What effect will this have on the aggregate supply curve?
A. Shift the curve outward.
B. Shift the curve inward.
C. Move the economy up along the curve.
D. Move the economy down along the curve.
Answer: B
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Indicate whether the statement is true or false
The income that people earn is called
a. national income b. personal income c. disposable personal income d. transfer payments e. net national product
Which of the following would help to avert a healthcare crisis?
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Indicate whether the statement is true or false