Refer to Figure 3-2. An increase in the number of firms in the market would be represented by a movement from
A) A to B. B) B to A. C) S1 to S2. D) S2 to S1.
C
Economics
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When actual real GDP is equal to the natural real GDP, the unemployment rate is
A) zero. B) at its "natural" rate. C) accelerating. D) decelerating.
Economics
Free trade agreements
A) have increased U.S. exports more than U.S. imports from free trade partners. B) have limited benefits to the U.S. C) have acted as substitutes for multilateral trade agreements. D) have decreased in scope since the 1990s.
Economics