Supply-side inflation could be caused by which of the following?
A) an increase in aggregate demand
B) a decrease in aggregate demand
C) an increase in long-run aggregate supply
D) a decrease in long-run aggregate supply
Answer: D) a decrease in long-run aggregate supply
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Which of the following transactions is NOT recorded in the capital and financial account?
A) foreign investment in the United States B) U.S. investment abroad C) statistical discrepancy D) net interest income
A demand curve for a public good is determined by:
A. summing vertically the individual demand curves for the public good. B. summing horizontally the individual demand curves for the public good. C. combining the amounts of the public good that the individual members of society demand at each price. D. multiplying the per-unit cost of the public good by the quantity made available.