In the summer of 2008, consumers indicated that they were less optimistic about the future of the economy. Such a change in sentiment is likely to
a. shift aggregate demand to the left.
b. increase output.
c. decrease unemployment.
d. increase prices.
a
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When Fresh Express Salads decides to mechanically pick all of its lettuce, it directly answers the ________ question
A) what B) how C) for whom D) where E) when
If an import-competing firm is imperfectly competitive, then under free trade an export tariff will ________ domestic market price, ________ producer surplus, ________ consumer surplus, ________ government revenue, and ________ overall domestic
national welfare. A) increase; have no effect on; decrease; increase; decrease B) decrease; decrease; increase; decrease; have no effect on C) increase; have no effect on; increase; decrease; increase D) decrease; increase; decrease; increase; decrease E) have no effect on; have no effect on; decrease; increase; decrease