Multiple Choice
The concept of "demand-determined output" requires ________ to remain constant as output increases.
A) technology of production
B) government purchases
C) firms' unit costs
D) labour productivity
E) the ratio of price setters to price takers
Correct Answer:

Verified
Correct Answer:
Verified
Q91: Suppose the government embarks on an infrastructure
Q92: Which of the following would likely cause
Q93: The economy's aggregate supply curve is drawn
Q94: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7713/.jpg" alt=" FIGURE 23-3 Refer
Q95: Consider the basic AD/AS model.Real GDP is
Q97: Which of the following will cause a
Q98: Consider the basic AD/AS model with an
Q99: Consider the simple multiplier when the price
Q100: Other things being equal,as the price level
Q101: Consider two economies,A and B.Economy A has