If the price level should increase in the near term due to decreases in the short-run aggregate supply, the result would be
A) demand-pull inflation.
B) demand-pull recession.
C) cost-push inflation.
D) cost-pull expansion.
C
Economics
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The lower the concentration ratio, the
a. more control an individual firm has to set prices. b. more competitive the industry. c. less competitive the industry. d. Both a and c are correct.
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Global technologies, such as electronics, have made up a significant portion of the recent wave of manufacturing offshoring
Indicate whether the statement is true or false
Economics