Which of the following will increase aggregate demand in the United States?
A. a higher price level
B. an increase in the real interest rate
C. an increase in wealth due to a substantial appreciation in the value of stocks
D. a decrease in real income in Japan and Western Europe
Answer: C
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The midpoint quantity between 100 and 300 units is
a. 100 units b. 200 units c. 300 units d. 150 units e. 20,000 units
Programs that provide goods or services, rather than cash, directly to needy individuals or households are called:
A. social insurance. B. in-kind transfers. C. economic growth. D. conditional cash transfers.
Which of the following is true? a. Velocity is not constant over time
b. The best way to study economic activity is to start with the equation and then integrate the money supply and the volume of international trade. c. Control over the money supply implies that the Fed has precise control over real GDP. d. All of the above are true.
The demand curve for loanable funds slopes downward because of diminishing returns
Indicate whether the statement is true or false