Multiple Choice
Which is a supply plan with existing inputs?
A) an oil company's investment in new tar sands oil extraction technology.
B) a baby-boomer's decision not to retire but keep working.
C) a snow-removal business's decision to buy another plow to expand capacity.
D) a shoe factory's plan to install new, improved robots in its factory in Manitoba.
E) Toronto's plan to extend the subway system.
Correct Answer:
Verified
Correct Answer:
Verified
Q66: For the "No - Markets Fail Often"
Q67: The banking system can also be described
Q68: A positive demand shock causes<br>A) falling average
Q69: The "No - Markets Fail Often" camp<br>A)
Q70: Aggregate demand increases when the value of
Q72: Long-run aggregate supply represents the macroeconomic performance
Q73: Unemployment is represented by points outside the
Q74: The "No - Markets Fail Often" camp
Q75: In explaining business cycles, the "Yes -
Q76: When consumers save their income instead of