Economic growth due to labor force expansion or capital investments will result in I. A leftward shift of short-run aggregate supply. II. A rightward shift in long-run aggregate supply
A) I only
B) II only
C) Both I and II
D) Neither I nor II
B
Economics
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What are the characteristics of a market that allow a monopolist to successfully price discriminate between groups?
What will be an ideal response?
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If a nation lacks abundant natural resources, it ______.
a. still faces the same challenges as a nation with abundant natural resources b. cannot achieve sustained economic growth c. will likely have a difficult time during its initial development d. must increase the size of its population to achieve economic growth
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