In the diagram, a shift from AS 1 to AS 3 might be caused by a(n):
A. increase in productivity.
B. increase in the prices of imported resources.
C. decrease in the prices of domestic resources.
D. decrease in business taxes.
B. increase in the prices of imported resources.
Economics
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An increase in the money supply, other things being constant
A) causes interest rates to rise. B) generates an increase in the demand for money. C) causes the price level to increase. D) causes the purchasing power of money to increase.
Economics
An example of a good that creates a positive network externality is:
A. social network websites (e.g. Facebook). B. the telephone. C. a workers' union. D. All of these are examples of good that create positive network externalities.
Economics