________ decreases aggregate supply
A) A rise in the money wage rate
B) An increase in potential GDP
C) A fall in the money wage rate
D) An increase the quantity of capital
E) A rise in the price level
A
Economics
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Cab drivers operating from JFK Airport to the City of New York legally must charge a specific fare. This is an example of
A) social regulation. B) economic regulation. C) the market share test. D) the rate of return test.
Economics
"As I add more workers to the factory line, the additional output produced by each additional worker seems to decline. Eventually, the workers just get in each others' way.". This statement by a factory supervisor refers to the law of:
a. comparative advantage. b. demand. c. supply. d. increasing returns to scale. e. diminishing marginal returns.
Economics