Consider an industry that is in long-run equilibrium. An increase in demand leads to no change in the price of the good. We know that this is
A) a decreasing cost industry.
B) a constant cost industry.
C) an increasing cost industry.
D) not a competitive industry.
B
Economics
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The natural rate of interest falls with a __________ shift of the __________ curve
A) rightward; IS B) rightward; LM C) leftward; IS D) leftward; LM
Economics
Unemployment that is of a short duration to allow time to find a new job is:
a. structural unemployment. b. cyclical unemployment. c. frictional unemployment. d. durational unemployment.
Economics