If firms were faced with greater uncertainty because of concern that oil prices might rise, they might decrease expenditures on capital. In response to this change, someone who advocated "lean against the wind" policies might advocate
a. decreasing the money supply.
b. increasing taxes.
c. increasing government expenditures.
d. All of the above
c
Economics
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Assume that the economy is at a long run equilibrium and oil prices rise. As a result, the ________ shifts ________
A) AD; rightward B) AD; leftward C) SAS; rightward D) SAS; leftward
Economics
What is the equilibrium price and quantity under a monopoly?
a. Q = 10 and P = 40 b. Q = 10 and P = 60 c. Q = 12 and P = 44 d. Q = 12 and P = 92
Economics