In the one-period model, what do we assume about household preferences?
A) Households prefer more to less.
B) Households like money.
C) Households dislike taxes.
D) Households care about others.
A
Economics
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The Obama stimulus package was implemented to assist the economy in its recovery from recession. This package was designed to shift
A) aggregate demand to the left. B) aggregate demand and aggregate supply to the left. C) aggregate supply to the left. D) aggregate demand to the right.
Economics
________ occurs when a firm cuts prices below production costs in a deliberate attempt to drive competitors out of business
A) Deliberate dumping B) Ravaging dumping C) Voracious dumping D) Predatory dumping
Economics