Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the public debate or answers the question. 1) Which of the following is a factor which determines the shape of the liquefy engage curl up? 1) _______ A) The real-balance centre B) The wage onus C) The nominal-balance effect D) The law of diminishing marginal returns 2) The aggregate demand curve usually 2) _______ A) is vertical. B) is horizontal. C) slopes downward. D) slopes upward. 3) The aggregate production function 3) _______ A) models the birth between the inputs to production available in the economy and the enume lay output of an economy. B) measure aggregate demand. C) measure aggregate supply. D) assists us in determining the level of replete employment 4) When a d epart in the price level causes a transmute in the purchasing power of currency, which then changes the desired set out of intake at all income levels, it is called 4) _______ A) the interest rate effect. B) the open-economy effect. C) the real-balance effect. D) the telephone exchange effect.
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5) In Canada, productivity growth has been on the rise since 5) _______ A) 1980s. B) 1960s. C) 1990s. D) 1970s. 6) superstar of the major(ip) tenets of the new growth theory is that 6) _______ A) economic growth is non as important as leisure time! growth. B) the greater the rewards for technological advances are, the greater the number of technological advances we will disrupt out. C) engineering science is not an important determinant of economic growth. D) the rewards associated with technological advances have little to do with the actual rate of invention or innovation. 7)...If you want to get a full essay, order it on our website:
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