Which of the following shifts both short-run and long-run aggregate supply left?

a. a decrease in the actual price level
b. a decrease in the expected price level
c. a decrease in the capital stock
d. a decrease in the money supply


c

Economics

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Which of the following individuals will the Bureau of Labor Statistics not count as unemployed?

A) Those who are not eligible for unemployment compensation because they have not worked in covered employment. B) Those who have turned down job offers comparable to the most recent one they held. C) Those who have used up their unemployment compensation benefits. D) Those who live in a household where at least one other person is employed full time. E) None of the above prevents an individual from being counted as unemployed.

Economics

Higher rates of interest increase the opportunity cost of holding money balances

a. True b. False Indicate whether the statement is true or false

Economics

Exhibit 6A-4 Consumer equilibrium ? Given the budget line and indifference curves shown in Exhibit 6A-4, point E is:

A. inferior to point X. B. lowest attainable level of total utility. C. consumer equilibrium. D. unobtainable.

Economics

Refer to the information provided in Figure 7.8 below to answer the question(s) that follow.  Figure 7.8Refer to Figure 7.8. The firm is currently along isocost CD. If the price of capital is $25, then the price of labor is

A. $1. B. $25. C. $80. D. indeterminate from the information given.

Economics