To earn profits, the market maker must
a. bid high, ask low
b. bid low, ask high
c. equalize the bid and ask price
d. not create the market
b
Economics
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The aggregate supply curve shifts
A) rightward if potential GDP decreases. B) rightward if the money wage rate falls. C) leftward if the aggregate demand curve shifts leftward. D) rightward if the money wage rate rises. E) leftward if potential GDP increases.
Economics
U.S. net exports include
A) sales of Hollywood movies to the rest of the world. B) the production of Ford Mustangs in China that are sold in China. C) Honda automobiles produced and sold in Japan. D) the sale of shares of Nike stock on the New York Stock Exchange. E) the sale of U.S. government securities to U.S. citizens.
Economics