Which of the following is true of the long-run aggregate supply curve?
a. It is vertical
b. The level of RGDP supplied does not change as the price level changes.
c. The level of RGDP supplied changes with the levels of capital, land, labor, and technology available to the economy.
d. all of the above
d
Economics
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Interest income minus interest expenses divided by assets is a measure of bank performance known as the
A) operating income. B) net interest margin. C) return on assets. D) return on equity.
Economics
In international trade, an infant industry is one:
a. that protects firms that produce products for infants. b. with a large number of very small firms. c. in which the firms are experiencing very small profits. d. in the early stages of its development.
Economics