Everything else held constant, if aggregate output is to the ________ of the LM curve, then there is an excess demand of money which will cause the interest rate to ________
A) right; fall
B) right; rise
C) left; fall
D) left; rise
B
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Which of the following groups is most likely to be included in the calculation of real GDP per hour worked?
a. Government workers b. Pensioners c. Workers in multinational corporations d. Farmers
A diversified portfolio is comprised of
A) a broad range of various types of assets. B) government bonds issued by federal, state and local governments. C) corporate stocks of several companies in the same industry. D) a diverse set of corporate bonds.
TANF compels welfare recipients to go to work after a period of two years.
Answer the following statement true (T) or false (F)
What price should a firm charge for a package of two shirts given a marginal cost of $2 and an inverse demand function P = 6 ? 2Q by the representative consumer?
A. $6 B. $8 C. $10 D. $2