The EEC currently includes all of the following countries except

a. Greece
b. Britain
c. Iceland
d. Russia
e. Belgium

D

Economics

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Suppose that the following headlines appeared in a newspaper. Which would most clearly represent a macroeconomic issue?

a. "Central Bank Raises Interest Rates" b. "Auto Dealership to Cut Prices" c. "Fanny's Freeze Dried Prunes to Lay Off 50 Workers" d. "United Workers Union to Strike April 15" e. "Brazilian Coffee Bean Crop Falls by 10 Percent"

Economics

Suppose that an economy produces 2400 units of output, employing the 60 units of input, and the price of the input is $30 per unit.

Refer to the information above. If productivity increased such that 3000 units are now produced with the quantity of inputs still equal to 60, then per-unit production costs would: A. Decrease and aggregate supply would decrease B. Decrease and aggregate supply would increase C. Increase and aggregate supply would decrease D. Remain unchanged and aggregate supply would remain unchanged

Economics