In general, the supply curve for a natural resource
A) slopes upward.
B) slopes downward to reflect decreasing available quantities over time.
C) is horizontal.
D) is vertical.
A
Economics
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Rapid growth in M2 is likely to lead to ________
A) low demand for labor B) high levels of inflation C) low levels of investment D) high real interest rates
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When Jamie purchases a classic 1968 Plymouth Cuda convertible from Shane, GDP
A) does not change, because the car was not produced this year. B) increases, because the car is a durable good and increases consumption. C) increases, because the car is a durable good and increases investment. D) does not change, because Jamie did not buy the car from a dealershi
Economics