If the money wage rate and other resource prices do not change when the price level rises by 10 percent, ________
A) the long-run aggregate supply curve shifts leftward
B) the short-run aggregate supply curve shifts leftward
C) the long-run aggregate supply curve shifts rightward
D) there is movement along the short-run aggregate supply curve
D
Economics
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A country is more likely to have net welfare gains when it imposes a tariff on a foreign monopolist if:
a. the tariff is small. b. the tariff is large. c. the tariff revenues are large. d. the deadweight losses are large.
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Which of the following was the first to prohibit "conspiracies in restraint of trade"?
A. The Sherman Act. B. The Gramm-Rudman Act. C. The Federal Trade Commission Act. D. The Clayton Act.
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