Author Question: Refer to Figure 13-1. Ceteris paribus, a decrease in interest rates would be represented by a ... (Read 49 times)

cartlidgeashley · **on:** Jun 29, 2018

Refer to Figure 13-1. Ceteris paribus, a decrease in interest rates would be represented by a movement from

A) AD1 to AD2. B) AD2 to AD1. C) point A to point B. D) point B to point A.

Question 2

Under the Soviet system of communism,

A) technological progress was slow because managers had little incentive to develop new technologies.
B) managerial pay was determined by the extent to which managers could lower the per-unit costs of production.
C) the per-worker production function in the Soviet Union shifted up more rapidly than production functions in other countries.
D) competitive pressures in the Soviet Union allowed the country's technological progress to keep pace with the rest of the world.