According to supply-side theory, which of the following would shift the aggregate supply curve leftward?
A. Lower marginal tax rates.
B. An increase in the money supply.
C. Government deregulation.
D. An increase in unemployment and welfare benefits.
Answer: D
Economics
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Which of the following did not help Thailand maintain its peg against the dollar in the 1990s?
A) borrowing dollars from the International Monetary Fund in exchange for baht B) foreigners selling off new investments in Thailand C) increasing domestic interest rates to attract more foreign investors D) buying baht on the foreign exchange market to support higher demand for the baht
Economics
The goal of the firm is
A) low labor turnover. B) to maximize sales. C) to minimize costs. D) profit maximization.
Economics