If the price level decreases
A) the LM curve will shift to the right.
B) the LM curve will shift to the left.
C) the IS curve will shift to the right.
D) the IS curve will shift to the left.
A
Economics
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Most economists attribute the growing income inequality in the United States to
A) trade. B) macroeconomic policies. C) technological change. D) changing values. E) taxes.
Economics
Suppose the demand for widgets is given by QD = 100 - 5p - pd + 2Y, where Y is average consumer income, p is the price of lemons, and pd is the price of doodads. According to this equation, widgets are an inferior good
Indicate whether the statement is true or false
Economics