The long-run aggregate supply curve will shift outward to the right when
A) the price level decreases. B) the real-balance effect increases.
C) there is economic growth. D) the amount of labor decreases.
C
Economics
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If consumers spend their money only on beef and vegetables, then the substitution effect of an increase in the price of beef would result in consuming ________ beef and ________ vegetables
A) more; more B) less; fewer C) more; fewer D) less; more
Economics
Which of the following futures contracts is available on the various commodity exchanges in the United States?
A) Treasury bond futures B) Investment-grade bonds C) Over-the-counter stocks D) U.S. savings bonds
Economics