Which of the following is a new law on fishing imposed by the government to increase the total supply of fish?
a. Holders of fishing rights are not allowed to resell them to others.
b. Governments have issued licenses that limit catches and fishing seasons.
c. Quotas have enforced higher catches in coastal areas.
d. Governments around the world have reduced their offshore jurisdictions.
B
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When current growth builds on past growth, growth is:
A) logarithmic. B) exponential. C) linear. D) negative.
By itself, an increase in the price of oil shifts the
A) aggregate supply curve rightward and does not shift the aggregate demand curve. B) aggregate demand curve rightward and does not shift the aggregate supply curve. C) aggregate demand curve rightward and shifts the potential GDP line rightward. D) aggregate supply curve leftward and does not shift the aggregate demand curve. E) aggregate demand curve leftward and does not shift the aggregate supply curve.