In the long-run ISLM model and with everything else held constant, as long as the level of output ________ the natural rate level, the price level will continue to ________, shifting the LM curve to the ________, until finally output is back at the
natural rate level. A) exceeds; rise; right
B) exceeds; rise; left
C) remains below; fall; left
D) remains below; rise; right
B
Economics
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For twenty years, Jim was a customer service representation at a call center in Minnesota. In order to save money, his firm moved the call center to India and laid off Jim two years ago. Jim has been unable to find a similar job anywhere
Jim's unemployment is best classified as A) cyclical. B) competitive. C) structural. D) frictional. E) transported.
Economics
The U.S. capital market raises investment finance mainly through
a. Bank loan syndication b. Commercial bank lending c. Related party transactions d. Selling of new shares of stocks and bonds in equity markets e. None of the above
Economics