A decision to increase the parameter ? in the MP curve is an example of ________
A) autonomous easing
B) leftward movement along the curve
C) rightward movement along the curve
D) endogenous response
E) autonomous tightening
E
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In an economy's labor-intensive industries are growing relative to its capital-intensive industries, v* ________, which makes the economy more ________
A) rises, stable B) rises, unstable C) falls, stable D) falls, unstable
In 1976, the cost of a movie was $4. In 2012, it's $9. If the CPI for 1976 is 56, and 228 for 2012, then we could say the cost of a 1976 movie in 2012 would be:
A. $16.29, so the cost of movies has not increased as much as general inflation. B. $16.29, so the cost of movies is relatively more in 2012 than it was in 1976. C. $2.21, so the cost of movies has not increased as much as general inflation. D. $2.21, so the cost of movies is relatively more in 2012 than it was in 1976.