An increase in government spending will cause the
A) LM curve to shift to the right.
B) LM curve to shift to the left.
C) IS curve to shift to the right.
D) IS curve to shift to the left.
C
Economics
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When analyzing stages of economic development in the United States, it appears that we have entered the "tertiary stage." This is a stage marked by a shift toward
A) agriculture. B) manufacturing. C) services. D) population increases.
Economics
A monopsonist's wage cost in hiring an additional worker is the:
A. worker's wage rate. B. worker's wage rate plus the wage increases paid to all workers already employed. C. worker's wage rate adjusted for the lower price that must be charged for the extra output. D. marginal wage cost less the wage rate.
Economics