Income on the horizontal axis at which the vertical distance to the 45-degree line is greater than the vertical distance to the Ep line gives rise to a ________ amount of unplanned inventory investment, and thus ________ pressure on output
A) positive, upward
B) positive, downward
C) negative, upward
D) negative, downward
B
Economics
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Which of the following acts makes it a felony for competing businesses to fix prices?
A) the Sherman Act B) the Clayton Act C) the Federal Trade Commission Act D) the Robinson-Patman Act
Economics
If China were to adopt a floating exchange-rate regime, it would:
A. cause the U.S. trade balance with China to fall. B. de-stabilize the entire world economy. C. cause the Chinese trade balance to fall. D. force the U.S. to adopt a fixed exchange rate to maintain the balance of trade.
Economics