Which of the following would NOT reduce the natural rate of unemployment?
A) a tax cut
B) an increase in government expenditures
C) wage or price controls
D) all of the above
D
Economics
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The demand curve for reserves is:
A) downward sloping. B) upward sloping. C) vertical. D) horizontal.
Economics
When a monopolistically competitive firm's demand curve shifts leftward, what happens to its marginal revenue curve?
A) Nothing, the marginal revenue curve is unchanged. B) It disappears. C) It shifts rightward. D) It shifts leftward. E) None of the above is correct because the effect on the marginal revenue curve depends on whether the demand was initially elastic or inelastic.
Economics