Write each of the following words or phrases in the correct column in the table: costs of production, technology, income tax, sales tax, GST, interest rates, transfer payments, level of workers' productivity, cost of imported raw materials, government spending, savings, expectations about inflation, capital stock, level of labour force, a wage award, net exports.
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Q58: Mundell-Fleming's effect implies that a currency depreciation:
A)increases
Q59: The long-run aggregate supply is called:
A)potential output
B)full-employment
Q60: Starting with AD₁ and AS1 in the
Q61: The aggregate supply curve shows the relationship
Q62: Aggregate demand is negatively related to interest
Q64: As long as aggregate supply remains constant,
Q65: If there is an excess demand situation
Q66: Which statement is correct?
A)A movement along the
Q67: An increase in aggregate supply will:
A)reduce both
Q68: The new classical misperceptions theory states that:
A)changes
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