Which is most likely to cause a temporary spurt in the growth of GDP that cannot be maintained in the long run?
a. An unanticipated increase in aggregate demand.
b. An anticipated increase in aggregate demand.
c. An increase in long run aggregate supply (LRAS).
d. An increase in wage rates
A
Economics
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Emissions permits allow polluters to pay for the right to pollute a specified amount.
Answer the following statement true (T) or false (F)
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Which of the following is NOT a capital good?
A. A new apartment building purchased by a corporation B. Batteries purchased by a car manufacturer to install in new cars C. A new house purchased by a family D. Machines purchased by a car manufacturer to measure metal thicknesses
Economics