In the above figure, an increase in aggregate demand has resulted in
A) a decline in the price level.
B) economic growth.
C) an inflationary gap.
D) a recessionary gap.
C
Economics
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If a firm is an oligopolist, which is NOT true?
A) It must pay attention to other firms' prices. B) It is one of a relatively small number of firms dominating its industry. C) It can sell all the units it wants at the going market price. D) It is engaged in a strategic game.
Economics
Which of the following is not accurate about the role of women in the 1920s?
a. There was a large increase in the number of two earner families. b. Women gained the right to vote. c. There was an increase in educational opportunities for women. d. Women gained a significant amount of cultural and social freedom.
Economics