What do the points on a particular AD curve have in common?
A. a specified rate of real GDP growth
B. a specified rate of inflation
C. a specified rate of money supply growth
D. a specified rate of spending growth
Ans: D. a specified rate of spending growth
Economics
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For a monopsonist
a. wage rate > TLC b. wage rate > MLC c. wage rate = MLC d. wage rate = MRP e. wage rate < MLC
Economics
Which of the following trade agreements, which took effect in 1994 and was implemented over a 15-year period, eliminates all tariffs and other trade barriers between its members?
A. North American Free Trade Agreement B. World Trade Organization C. Asian Pacific Economic Cooperation D. General Agreement on Tariffs and Trade
Economics