When the price level rises, the long-run aggregate supply curve...
What will be an ideal response?
does not shift
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If the economy's capital stock decreases over time
A) net investment is positive. B) depreciation is less than zero. C) depreciation exceeds gross investment. D) gross investment equals net investment.
National income is equal to gross domestic product minus:
a. indirect business taxes. b. depreciation. c. personal taxes. d. retained earnings. e. consumption spending.
Economists generally believe that inward-oriented policies are more likely to foster growth than outward-oriented policies
a. True b. False Indicate whether the statement is true or false
Tiffany gives $50 to Jeremy for his birthday. This is an example of a(n)
A) involuntary transfer. B) involuntary-voluntary transfer. C) voluntary transfer. D) gift. E) c and d