Which of the following types of economic data are revised over time as government data collection agencies receive more complete information?

If higher inflation is expected in the future, then the

A) SAS curve shifts rightward. B) AD curve shifts rightward. C) LAS curve shifts rightward. D) None of the above answers is correct.

Monopolization of the labor market restricts output because

A) fewer workers offer their services. B) the higher wage raises the firm's marginal cost. C) monopolized workers are less productive. D) a monopolized labor market means there is also a monopolized output market.