A country's long-run aggregate supply curve will shift to the left when there is (are)
A) fewer regulatory impediments to business.
B) a discovery of new oil reserves in that country.
C) a reduction in the labor force.
D) a reduction in the money supply.
C
Economics
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A cartel usually has a collusive agreement to
A) restrict output. B) boost output. C) lower the price. D) increase the number of firms in the industry.
Economics
Which of the following transactions would be included in this year's GDP?
a. Noah purchases a five-year-old house from William. b. Noah rents a five-year-old house from William. c. Noah purchases 100 shares of AT&T stock from William. d. Noah purchases an antique at William's garage sale.
Economics