In the recent Global Economic Crisis, the end of cash-out mortgage refinancing caused
A) LM curve to shift to the right.
B) LM curve to shift to the left.
C) IS curve to shift to the left.
D) LM curve to shift to the right.
C
Economics
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If the monopoly illustrated in the figure above could engage in perfect price discrimination, then when it maximizes its profit the total revenue collected by the firm would be
A) $110. B) $120. C) $210. D) $310.
Economics
AFL-CIO stands for:
A. American Federation of Labor-Congress of Industrial Organizations. B. American Federation of Labor-Committee for Industrial Opportunity. C. Assembly of Factory Laborers-Congress of Industrial Organizations. D. Assembly of Factory Laborers-Committee for Industrial Opportunity.
Economics