What causes movement from point A to point B on the curve?
a. a decrease in the price level from PL2 to PL1
b. an increase in the price level from PL1 to PL2
c. a leftward shift of the aggregate demand curve
d. an increase in real GDP from RGDP1 to RGDP2
b. an increase in the price level from PL1 to PL2
Economics
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Increases in human capital will promote economic growth.
a. true b. false
Economics
Farmers who joined the Greenback Party in the late-19th century felt that
a. the government should make efforts to curb the inflation that the country was experiencing. b. farm prices were too high in comparison to the overall price-level of the economy. c. the government should own all transportation and communication facilities. d. an increase in the money supply would benefit debtors.
Economics