Which of the following alone can explain the change in the price level and output during World War II?
a. aggregate demand shifted right
b. aggregate demand shifted left
c. aggregate supply shifted right
d. aggregate supply shifted left
a
Economics
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The data in the above figure indicate that the economy will be in a long-run macroeconomic equilibrium at a price level of
A) 140. B) 130. C) 100. D) 120.
Economics
Adverse selection often occurs in the private health market because, _____________ on average would pay __________ for their health care insurance premiums than for their health care costs.
a. healthier people; more b. less healthy people; more c. healthier people; less d. less healthy people; the same
Economics