Assuming a long-run aggregate supply curve, a decrease in government spending results in ________ in output and ________ in price level
A) no change; a decrease B) an increase; no change
C) no change; an increase D) a decrease; a decrease
A
Economics
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Which of the following shifts the demand curve for movies rightward?
A) an increase in the price of NetFlix, a substitute for movies B) an increase in the price of movie tickets C) a decrease in the price of move tickets D) an increase in movie star salaries E) an increase in the price of HDTV sets
Economics
When interest rates rise, the price of bonds:
(a) Increases (b) Decreases (c) Stays the same (d) can be determined.
Economics