An increase in government spending, other things constant, will cause a:
a. leftward shift of the aggregate supply curve
b. rightward shift of the aggregate supply curve.
c. leftward shift of the aggregate demand curve.
d. rightward shift of the aggregate demand curve.
e. downward movement along the aggregate supply curve.
d
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If an expansion proposal is accepted, allowing an otherwise idle (and useless) machine with a market value and book value of $2,000 to be utilized, should it be recorded as a cash outflow, and if so, how much?
What will be an ideal response?
Market _____ occurs when the market does not produce the optimal quantity of output.
Fill in the blank(s) with the appropriate word(s).
The market basket that is used by the Bureau of Labor Statistics to calculate prices is made up of which of the following?
(A) Food items only. (B) Typical goods and services for an urban household. (C) Nonfood items only. (D) Food and necessary services for any family.
We send more of our exports to _________ than any other country.
Fill in the blank(s) with the appropriate word(s).