A. markets distortions
B. defective economic policies
C. inadequate property
D. the expansion of capitalism
A. will be perfectly inelastic in the long run. but upward slog in the short run
B. is perfectly inelastic since there is a fixed amount of land
C. is perfectly elastic since there is fixed amount of land
D. will be upward slog because as land becomes more valuable in once use, the amount of land made available for that use will increase
A. Diversification
B. horizontal integration
C. monopoly
D. vertical integration
A. The money supply shifts right prices fall spending increases and the aggregate demand curve shifts right
B. The money supply shifts right the interest rate rises investment decreases and the aggregate demand curve shifts left
C. The money supply shifts right the interest rate falls, investment increases, and the aggregate demand curve shifts right
D. The money supply shifts right, prices rise, demand curve shifts left
A. The exchange-rate effect
B. The wealth effect
C. The classical dichotomy/monetary neutrality effect
D. The interest-rate effect
A. Trade deficit
B. Blind river disease
C. Dutch disease
D. Economic turmoil
A. individuals pay the full cost of their education
B. government subsidizes schooling
C. education persons migrate more
D. capital and unskilled labor are complements