When there is a decrease in the unemployment rate,
A. The economy moves closer to the production possibilities curve.
B. There is a movement along the production possibilities curve.
C. The production possibilities curve shifts inward.
D. The production possibilities curve shifts outward.
Answer: A
Economics
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The central banking system of the United States:
a. Federal Reserve b. National Bank of Washington D.C. c. Dow Jones Stock Exchange d. NASDAQ Exchange
Economics
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________.
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
Economics