Other things the same, when the government spends more, the initial effect is that
a. aggregate demand shifts right.
b. aggregate demand shifts left.
c. aggregate supply shifts right.
d. aggregate supply shifts left.
a
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A repeated cross-sectional data set
A) is also referred to as panel data. B) is a collection of cross-sectional data sets, where each cross-sectional data set corresponds to a different time period. C) samples identical entities at least twice. D) is typically used for estimating the following regression model Yit = ?0 + ?1Xit + ?2W1,it + ... + ?1+ rWr,it + uit
What's the opportunity cost of taking an unfair advantage in a deal?
A. Probably nothing, if the transaction is only taking place once. B. Building a reputation for being untrustworthy if the deal is likely to be repeated. C. Future deals may not occur or may come at a much higher cost. D. All of these statements are true.