How does an increase in the price level affect the quantity of real GDP supplied in the long run? A. In the long run, an increase in the price level increases inflation, which will decrease real GDP. B. Changes in the price level do not affect the level of GDP in the long run. C. In the long run, an increase in the price level decreases inflation, which will decrease real GDP. D. In the long run, an increase in the price level will increase real GDP.
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Business, 21.06.2019 20:30
Suppose the price of a complement to lcd televisions rises. what effect will this have on the market equilibrium for lcd tvs?
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Business, 22.06.2019 12:10
Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%
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Business, 22.06.2019 15:10
Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions
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Business, 22.06.2019 20:00
Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. this increased level of is leading to increased emphasis on management.
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How does an increase in the price level affect the quantity of real GDP supplied in the long run? A...
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