The introduction of new technologies to production is ________ source of productivity improvement.

A. the only
B. the least important
C. no longer a
D. the most important

Answer: D

Economics

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When the price level is below the level at which the aggregate demand curve crosses the long run aggregate supply curve

A) there will be no price level change. B) there will be pressures that will lead to a shift of either the aggregate demand or the long run aggregate supply curves. C) total planned real expenditures will exceed actual real GDP, and the price level will increase. D) total planned real expenditure will be lower than actual real GDP, and the price level will increase.

Economics

________: a market structure in which a large number of firms produce a differentiated product

Fill in the blank(s) with correct word

Economics