Refer to Figure 13-2. Ceteris paribus, a decrease in productivity would be represented by a movement from

A) SRAS1 to SRAS2. B) SRAS2 to SRAS1. C) point A to point B. D) point B to point A.

B

Economics

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How costly are biases in the CPI?

What will be an ideal response?

Economics

________ is gross investment minus ________

A) The capital stock; net investment B) The capital stock; depreciation C) Depreciation; replacement investment D) Net investment; depreciation

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