Which of the following is a macroeconomics topic?
a. wages of textile workers in the Northeast
b. the cost of producing 10,000 bookcases
c. the economy's annual growth rate
d. market demand for fish
e. effects of farm subsidies on food prices
C
Economics
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A positive supply shock causes ________ to ________
A) aggregate demand; increase B) aggregate demand; decrease C) short-run aggregate supply; decrease D) short-run aggregate supply; increase
Economics
Because of diminishing marginal productivity
A) the labor supply curve is not vertical. B) nominal wages are sticky in a downward direction. C) the labor demand curve is negatively sloped. D) households save only a small share of their income.
Economics