Refer to Figure 11-2. The curve labeled "F" is
A) the output supply curve. B) the total product curve.
C) the marginal product curve. D) the average product curve.
D
Economics
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When a country's central bank temporarily switches from an expansionary to a more conservative monetary policy, one would expect the exchange rate to:
a. depreciate in the short run, then return to its initial value. b. appreciate in the short run, then return to its initial value. c. depreciate in the short run and then stay higher. d. appreciate in the short run and then stay lower.
Economics
Which of these is NOT a potential source of inefficiency?
A) external benefits B) increasing marginal costs C) monopoly D) subsidies
Economics