Imagine an ideal scenario where world peace prevails and all nations are led by peace-minded leaders. In such a world, the:

A. MB for defense goods would shift left
B. MB for defense goods would shift right
C. MC for defense goods would shift left
D. MC for defense goods would shift right

Answer: A

Economics

You might also like to view...

Right-to-work laws give workers in a unionized firm the right to choose whether to join the union

a. True b. False Indicate whether the statement is true or false

Economics

Economic growth takes place

A. when aggregate demand decreases. B. only if the price level is constant or rising. C. when aggregate supply increases. D. only when both aggregate demand and aggregate supply increase.

Economics