The upward-sloping short run aggregate supply curve shows the ___________ relationship between the price level and the level of real GDP in the short run.
a. positive
b. negative
c. neutral
d. bi-modal
a. positive
Economics
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During the English civil war in the 1640s, the _____ made great inroads into the carrying trade
a. Italians b. Dutch c. Spanish d. French
Economics
By restricting foreign lending, a country with sufficient market power can
A. increase world production. B. lower world interest rates. C. bid up the rate that foreign borrowers have to pay. D. bid up the rate that domestic lenders get after taxes.
Economics