The short-run aggregate supply curve has a
A) negative slope. B) positive slope.
C) slope equal to zero. D) slope equal to infinity.
B
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There is a growing market for buying and selling information about the online behavior of consumers. Most people use one of only a small number of search engines (such as Google, Bing, or Yahoo!) when surfing the net
It has been hard for new search engines to gain any market share. The market for search is best considered as A) perfectly competitive. B) oligopoly. C) monopolistically competitive. D) monopoly.
The change in total planned real expenditures resulting from a change in the real value of money balances when the price level changes, all other things held constant, is
A) the real-balance effect. B) the interest rate effect. C) the open economy effect. D) demand side inflation.