GDP includes some nonmarket goods
Indicate whether the statement is true or false
True
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An increase in government expenditure on goods and services leads to the
A) aggregate supply curve shifting rightward. B) aggregate supply curve shifting leftward. C) aggregate demand curve shifting rightward. D) aggregate demand curve shifting leftward. E) potential GDP increasing.
The part of a corporation's net income that is paid out to the stockholders is
a. preferred stock b. bonds c. interest payments d. dividends e. reinvested profit
In the aggregate demand and aggregate supply model, sticky wages, sticky prices, and misperceptions about relative prices
a. have temporary effects. b. explain why the short run aggregate supply curve might shift. c. explain why the aggregate demand curve is downward sloping. d. explain monetary neutrality.
Under a riparian system, water rights
a. Are allocated according to its most highly-valued uses b. Are separate from the ownership of land c. Are based on who moved to an area first d. Are freely traded in water markets e. Are owned by those owning adjacent land