The long-run aggregate supply curve is _____.
Fill in the blank(s) with the appropriate word(s).
vertical
Economics
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What is the major difference between a corporation and other kinds of businesses?
a. A corporation is a separate entity apart from that of the owners. b. A corporation is not responsible for its debts if it fails. c. A corporation is much larger than other kinds of businesses. d. A corporation has officers who are responsible for the business.
Economics
Interest rates are higher the
A) shorter the duration of the loan. B) greater the risk. C) larger the amount of the loan, holding other things constant. D) lower the inflation rate.
Economics