If firms and workers could predict the future price level exactly, the short-run aggregate supply curve would be
A) downward sloping. B) horizontal.
C) upward sloping. D) vertical.
D
Economics
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If outcomes are ________, exactly one of the outcomes will occur and the probabilities add up to ________
A) probabilistic; between 0 and 1 B) exhaustive and mutually exclusive; 1 C) exhaustive; 1 D) mutually exclusive; between 0 and 1
Economics
Which of the following is not a common resource?
a. elephants in the wild b. a narrow trail in a park c. a neighborhood garden d. Neither a nor b is a common resource.
Economics