Refer to the diagrams. Other things equal, curve B will shift upward when:
A. the level of GDP increases.
B. the interest rate increases.
C. curve A shifts to the left.
D. curve A shifts to the right.
D. curve A shifts to the right.
Economics
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An inflation rate that exceeds 50 percent per month is referred to as
A) hyperinflation. B) destructive deflation. C) superflation. D) anticipated inflation.
Economics
An import tariff will have what effect on price and quanititly in the domestic market for the good?
a. increase; increase b increase; decrease c. decrease; increase d. decrease; decrease e. decrease; no change
Economics