A recessionary gap results when
A) aggregate demand is below the level consistent with full employment.
B) aggregate demand is above the level consistent with full employment.
C) aggregate supply and aggregate demand are not in short-run equilibrium.
D) aggregate supply decreases.
A
Economics
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If the number of automobile manufacturers decreases
A) the supply of automobiles increases. B) the demand for automobiles increases. C) the demand for automobiles decreases. D) the supply of automobiles decreases.
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Which of the following is an advantage for the host country of a multinational corporation?
(A) Greater political power. (B) Greater income from tariffs. (C) Greater protective tariffs. (D) Greater employment opportunities.
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