A technological production advance ______.
a. affects all segments of the economy equally
b. may affect different economic segments differently
c. creates growth in all economic segments
d. influences only the segment for which it was developed
b. may affect different economic segments differently
Economics
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The short-run aggregate supply curve: a. Is a schedule showing the relationship between the price level and the quantity of real GDP supplied. b. Is typically upward sloping
c. reflects output prices changing relative to input prices. d. all of the above
Economics
A demand curve shows the relationship between
a. price and quantity demanded b. the demand and supply schedules c. demand and supply equilibrium d. leakages and injections e. price and technology
Economics