Monopolists are price takers
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Which of the following statements is true?
A) An increase in the money wage rate shifts the AS curve rightward. B) A fall in the price level shifts the AS curve leftward. C) A decrease in potential GDP decreases aggregate supply and shifts the AS curve leftward. D) An increase in the money wage rate increases potential GDP. E) An increase in potential GDP increases aggregate supply and shifts the AS curve leftward.
Economics
If the marginal tax rate is less than the average tax rate as taxable income increases, the tax structure is
A) proportional. B) progressive. C) unfair. D) regressive.
Economics