Events like war shift the long-run aggregate supply curve of an economy to the right
a. True
b. False
Indicate whether the statement is true or false
False
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Developing countries with low saving rates and poor levels of health and education are likely to experience
A) low rates of growth in real GDP per capita. B) easy access to financial backing from banks. C) rapid growth in household incomes. D) high levels of foreign direct investment.
If a firm has determined its optimal output level, where MR = MC, then price
A. is unchanged. B. is set by statistical analysis of the market. C. is equal to MC. D. is determined by the market demand at that output.
A matrix form is more likely to be found in organizations which:
a. produce one product and operate in a single market. b. produce many products and operate in a single market. c. produce one product and operate in multiple markets. d. produce many products and operate in multiple markets.
An increase in stock prices can be considered as an increase in:
a. a leading indicator. b. a coincident indicator. c. the consumer price index. d. the consumer leverage ratio. e. a lagging indicator.