To illustrate the classical argument that "supply creates its own demand," the aggregate supply curve should be drawn:
A. downward-sloping.
B. upward-sloping.
C. horizontal.
D. vertical.
Answer: D
Economics
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If a curve falls and then rises, it shows
A) a maximum. B) a minimum. C) a linear relationship D) a constant slope relationship
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A common element in all of the banking crisis episodes in different countries is
A) the existence of a government safety net. B) deposit insurance. C) increased regulation. D) lack of competition.
Economics