A decline in the desired level of capital and investment will result from ________
A) a rise in the real price of capital
B) a decrease in the rate of depreciation
C) a decrease in the real interest rate
D) a decrease in the real price of capital
A
Economics
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When the production possibilities curve shifts outward,
A) the price level rises in the long run. B) the long-run aggregate supply curve is unchanged. C) the long-run aggregate supply curve shifts to the left. D) the long-run aggregate supply curve shifts to the right.
Economics
Empirical evidence shows that the short-run Phillips curve was vertical during the 1950s and 1960s
Indicate whether the statement is true or false
Economics