The AS curve shifts leftward if
A) good weather increases agricultural harvests.
B) OPEC reduces world oil prices.
C) tax cuts stimulate labor supply.
D) the money wage rate increases.
E) government expenditure increases.
D
Economics
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From the 1950s to the 2010s, transfer payments' share of GDP
A) steadily increased. B) steadily decreased. C) remained fairly steady. D) increased during Democratic administrations and decreased during Republican administrations.
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How do uncertainty and expectations influence economic behavior?
What will be an ideal response?
Economics