If the expected rate of inflation rises, then the short-run Phillips Curve would:

Which of the following combination of inputs is most closely reflective of decreasing marginal rate of technical substitution (MRTS)?

A) oil and natural gas B) sugar and high fructose corn syrup C) computers and clerks D) keyboards and computers

In the market for domestic avocados, what would happen to the market clearing price and the equilibrium quantity if there was a drought in avocado growing areas?

A) The market clearing price would rise, and the equilibrium quantity would rise. B) The market clearing price would fall, and the equilibrium quantity would rise. C) The market clearing price would rise, and the equilibrium quantity would fall. D) The market clearing price would fall, and the equilibrium quantity would fall.