Multiple Choice
Consider the economy's aggregate supply curve.Other things being equal,unit costs will tend to fall if
A) there is a fall in the price of oil.
B) the government increases payroll taxes.
C) wages fall.
D) wage and price controls are in effect.
E) wage increases are less than productivity increases.
Correct Answer:

Verified
Correct Answer:
Verified
Q50: Consider the following two headlines appearing in
Q57: Other things being equal,a closed economy will
Q69: Suppose firms are currently producing output at
Q126: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5441/.jpg" alt=" FIGURE 23-1 -Refer
Q127: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5441/.jpg" alt=" FIGURE 23-3 -Refer
Q128: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5441/.jpg" alt=" FIGURE 23-5 -Refer
Q129: A leftward shift of the aggregate demand
Q130: Consider the following news headline: "Information technology
Q132: The AD curve shows the relationship between<br>A)the
Q136: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5441/.jpg" alt=" FIGURE 23-1 -Refer