If the economy is on the LM curve, but is to the left of the IS curve, aggregate output will ________ and the interest rate will ________

A) rise; rise
B) rise; fall
C) fall; rise
D) fall; fall

A

Economics

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Between 1945 and 1985, the number of farms declined and the average farm size increased, both of which suggest that

a. people were eating less food b. price support programs were enriching farmers c. farm incomes decreased d. land prices decreased e. large-scale farming was more efficient than small-scale farming

Economics

The unemployment due to changes in the types of skills employers require is called __________ unemployment

A) structural B) cyclical C) natural D) frictional

Economics