If the government wished to shift aggregate demand to the left, it might:
A. decrease military spending.
B. increase the amount of educational grants available.
C. decrease corporate income taxes.
D. All of these would cause a decrease in aggregate demand.
A. decrease military spending.
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Fran runs a doughnut shop in a tiny 3-person town. The table below shows the quantity demand by the three townspeople at various prices.Price PerDoughnutQuantity Demandedby AlQuantity Demandedby BettyQuantity Demandedby Carol10 cents104625 cents92535 cents71550 cents504When the price of a doughnut is 25 cents, what is the market demand for doughnuts?
A. 13 doughnuts B. 16 doughnuts C. 20 doughnuts D. 9 doughnuts
The main policy-making body of the Federal Reserve System is the
A) Board of Governors. B) Federal Open Market Committee. C) Federal Reserve Banks. D) member commercial banks.
Computers and laser scanners are ________ for low-skilled labor and ________ for high-skilled labor. The introduction of these technologies ________ the wage rate of high-skilled workers and ________ the wage rate of low-skilled workers
A) complements; substitutes; raises; lowers B) substitutes; complements; lowers; raises C) substitutes; complements; raises; lowers D) complements; substitutes; lowers; raises
A crucial national income accounting identity has (S + T) equal to
A) I + G - NX. B) I + G + F. C) I + NX. D) G + F. E) I + G + NX.