The American Recovery and Reinvestment Act, signed by President Barack Obama in 2009, aimed at:
a. stimulating the aggregate demand in the economy
b. removing the supply bottlenecks in the economy.
c. closing an expansionary gap through a contractionary fiscal policy.
d. ensuring free trade flows across the world.
e. providing higher unemployment benefits to the residents of the economy.
a
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Which of the following lists gives factors that increase labor productivity?
A) expansion of human capital, labor force increases, and discovery of new technologies B) expansion of human capital, population growth, and discovery of new technologies C) saving and investment in physical capital, and wage increases D) labor force increases and wage increases E) saving and investment in physical capital, expansion of human capital, and discovery of new technologies
Refer to the figure above. What is the price at which the monopolist should sell its output?
A) $3 B) $4 C) $6 D) $9