An improvement in a firm's technology that reduces its production costs will result in a(n):
a. rightward shift of the supply curve.
b. increase in supply.
c. increase in quantity supplied at any given price.
d. all of these are true.
d
Economics
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The figure above shows the market for bank reserves in Futureland
If the Bank of Futureland lowers the target federal funds rate by 1 percentage point, the central bank will conduct an open market ________ of government securities of ________ to ________ the supply of reserves. A) purchase; $25 billion; decrease B) sale; $25 billion; increase C) sale; $75 billion; decrease D) purchase; $75 billion; increase E) purchase; $25 billion; increase
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What are the reasons for unequal distribution of income? List at least six reasons
Economics