The long-run aggregate supply will increase when

A) labor supply decreases.
B) international trade barriers are removed.
C) the price level increases.
D) tax rates increase.

B

Economics

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Which of the following statements is true?

A) A worker who shirks work is not an economic agent. B) All economic agents are necessarily individuals. C) A government is an example of an economic agent. D) A street gang is not an economic agent.

Economics

If today $1 exchanges for ¥135, and tomorrow $1 exchanges for ¥150,we say the euro has:

a. appreciated. b. depreciated. c. stagnated. d. become inverted.

Economics