If the price level falls, the real value of a dollar
a. rises, so people will want to buy more.
b. rises, so people will want to buy less.
c. falls, so people will want to buy more.
d. falls, so people will want to buy less.
a
Economics
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The congressional committee headed by Thomas Jefferson proposed a method for disposing of the public domain that was based on
a. the New England township system. b. the Southern tract system. c. the Virginia plan. d. English common law.
Economics
A tax on polluting firms
a. would shift the LRAC curve upward. b. would shift the LRAC curve downward. c. would have the same impact on the firm as a subsidy. d. tends to have the perverse effect of increasing pollution.
Economics