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1-Which would shift the short run aggregate supply curve to the left?
A.an unemployment level greater than the natural rate of unemployment
B.a lower price level
C.an expectation of inflation
2-Which would NOT shift the long run aggregate supply curve outwards?
A.immigration
B.an outward shift in the production possibilities curve
C.a higher price level
D.better management of natural resources
3-In the aggregate supply and demand model, in long run equilibrium
A.potential real GDP equals the full employment level of output.
B.the unemployment rate equals the natural rate of unemployment.
C.the inflation rate is zero.
D.All of these.
A major problem for negotiations by members of the World Trade Organization to expand free trade has been the issue of agricultural subsidies. As a result, less-developed countries have withdrawn from negotiations to lower their barriers to trade wit..
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The firm has monthly cash expenses of $180.what is the projected ending cash balance at the end of February.
Which economic decision makers conclude the provider of labor. Illustrate what is their goal also illustrate what decision criteria do they utilize in trying to reach which goal.
The invention of a self-milking cow machine allows cows to milk themselves. Not only does this reduce the need for higher-cost human assistance in milking, but it also allows the cow to milk herself three times a day instead of two, leading to both a..
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Producer surplus is measured as the area
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Research a real life example of quantity control imposed by the government (find out a market with quantity control). Discuss through which mean (such as license, tax, or other means) the government imposes a quantity control, and what are the ineffi..
Describe the magnitude of crowding-out that results from the above fiscal expansion .Show the transition dynamics that results.
Consider the following conversation: Does the logic of the reader (G) make any sense, or does it violate economic reasoning?
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