Which of the following would cause an increase in the price level in the long run? Choose one:A. Natural resources increase. B. Net exports decrease. C. There is a temporary increase in the price of oil. D. Investment increases. E. The number of workers in the labor force increases.

The demand and supply model determines Select one: A. demand prices. B. supply prices. C. absolute prices. D. relative prices. E. money prices.

Which of the following will shift an economy's production possibilities curve outward?     Select one: a. An increase in the unemployment rate.     b. A decrease in land, labor, or capital.      c. A decrease in the unemployment rate.     d. An improvement in technology.         Suppose there is a decrease in the price of herbicides and pesticides used in the production of barley. All other things being equal, the equilibrium price of barley will _______, and equilibrium quantity will _______. And suppose barely and hops are complements.  After the change in the barley market occurs, all other things being equal, it follows that the equilibrium price of hops will _______, and equilibrium quantity will _______.     Select one: a. increase; decrease; increase; decrease     b. decrease; increase; decrease; decrease       c. decrease; increase; increase; increase     d. increase; increase; decrease; increase         This past year, a sharp decrease in Japanese demand for U.S. dollars…

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For each of the following economic events, analyze the short-run and long-run transitions of the economy without and with government intervention. For each question, start from the initial long run equilibrium, point A. G point D, point C point E, point B SRAS Q10. There is a sudden decrease in oil price. Without government intervention, this would move the economy from point A to in the long run in the short run, then to point G, point A point G, point B AD₂

Using diagrams, analyze which changes in price and quantity would be expected under the scenarios given in the following markets:

Which of the following is likely to occur if an increase in legal immigrants significantly reduces the wages of workers, ceteris paribus? A. Aggregate supply will decrease (shift left). B. Aggregate supply will increase (shift right). C. Aggregate demand will increase (shift right). D. Aggregate demand will decrease (shift left).

When identifying inputs that expand the circular flow and increase aggregate supply, economists do not include A capital B. entrepreneurship. C land . D resources . E. govemment.

Which of these issues falls into the scope of microeconomics? a. The impact of interest rates on household purchases b. The impact of interest rates on gross domestic product c. The movement of the aggregate demand curve once interest rates rise d. The effect of an increase in interest rates on the price level

What is the Initial demand?