The AD curve will shift to the right if:
a. people become pessimistic about the future of the economy.
b. there is a decrease in foreign income.
c. the government decreases spending.
d. the domestic price level decreases.
e. the foreign price level increases.
e
Economics
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In a map showing short-run cost functions, one curve begins at the origin and rises as output expands. It is called the
A) the marginal cost curve. B) the total fixed cost curve. C) the total cost curve. D) the total variable cost curve.
Economics
The text mentions 10 sources of U.S. comparative advantage. Which of the following is not one of them?
A. A large stock of intellectual property rights B. Relatively open immigration laws C. Religious diversity D. Skills of the U.S. labor force
Economics