Which of the following is not a component of the aggregate demand curve?
a. Government spending (G).
b. Investment (I).
c. Consumption (C).
d. Net exports (X-M).
e. Saving.
e
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During the demographic transition the population growth rate
a. slows down b. rises c. rises and then slows down d. increases in spurts followed by long periods of stagnancy e. none of the above
We can use the theory of consumer choice to analyze
a. why most demand curves slope downward. b. the tradeoff between work and leisure c. how interest rates affect household saving. d. All of the above are correct.
President Barrack Obama and Congress cut taxes and raised government expenditures during the 2008 financial crisis. According to the aggregate supply and aggregate demand, model which of these policies would tend to reduce unemployment?
a. both the tax cut and the increase in government expenditures b. the tax cut but not the increase in government expenditures c. the increase in government expenditures but not the tax cut d. neither the increase in government expenditures nor the tax cut
Under the 2009 jobs stimulus bill signed by President Obama, who can apply for aid after losing their job due to import competition?
a. service sector workers b. Farmers c. neither service sector workers nor farmers d. both service sector workers and farmers