A large grain crop resulting from favorable weather conditions would shift which of the following curves?
a. only aggregate demand
b. aggregate demand and short-run aggregate supply
c. only short-run aggregate supply
d. only long-run aggregate supply
C
Economics
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When the domestic currency is initially undervalued in a fixed exchange rate regime, the central bank must intervene in the foreign exchange market to ________ the domestic currency, thereby allowing the money supply to ________
A) purchase; decline B) sell; decline C) purchase; increase D) sell; increase
Economics
Talking loudly in a library creates
a. a market for noise b. a positive externality c. a side payment d. a public good e. a negative externality
Economics