The 2002-2008 OPEC price increases caused by conflict in the Middle East caused the aggregate
a. demand curve to shift outward.
b. demand curve to shift inward.
c. supply curve to shift outward.
d. supply curve to shift inward.
d
Economics
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Input-output analysis was developed by Wassily Leontief
a. True b. False Indicate whether the statement is true or false
Economics
Investment is
A. spending by businesses on things which can be used to produce goods and services in the future. B. spending by consumers on items that account for large shares of their budgets. C. the purchasing of stocks and mutual funds. D. the production of goods for immediate satisfaction.
Economics