If the price level falls and the money wage rate does not change, some firms ________ and there is ________.
A) shut down; a leftward shift of the aggregate supply curve
B) start up; a rightward shift of the aggregate supply curve
C) start up; an increase in potential GDP
D) shut down; a decrease in the quantity of real GDP supplied
E) shut down; a decrease in potential GDP
Question 2
When a U.S. company makes a 200,000 donation to the International Red Cross to help the victims of an earthquake in India, the transaction is recorded in the
A) current account.
B) one-way donations account.
C) international help account.
D) capital and financial account.
E) official settlements account.
Numerical pain level chart with word modifiers.
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