In the above figure, using the slope across an arc, the slope of the curve between points a and c is

We need to study a model in which real and nominal variables interact in order to understand how the economy works

a) in the short run but not the long run. b) without regards to any time period, whether the short run or the long run. c) in both the short run and the long run. d) in the long run but not the short run.

According to this Application, many economists believe that the increase in "globalization" in the last 30 years has ________ the ability of countries to levy taxes at rates that differ substantially from other countries

A) limited B) slightly increased C) greatly increased D) eliminated