Refer to the table above. The total cost per month is the lowest if Ryan chooses to rent Apartment ________

A) 1 B) 2 C) 3 D) 4

B

Economics

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Higher resource costs shift the

A) long-run aggregate supply curve leftward, decreasing real GDP and increasing potential GDP. B) short-run aggregate supply curve leftward, raising the price level and decreasing potential GDP. C) short-run aggregate supply curve leftward, raising the price level and decreasing real GDP so it is less than potential GDP. D) short-run aggregate supply curve rightward, raising the price level and decreasing real GDP so it is less than potential GDP.

Economics

Adam Smith's book, The Wealth of Nations, was published at the time of the:

a. War of 1812. b. U.S. Civil War. c. Great Depression. d. U.S. Declaration of Independence.

Economics