A decrease in consumer confidence can put your job at risk if
A) aggregate expenditures rise.
B) aggregate expenditures fall.
C) consumers expect firms to increase investment in the future.
D) consumers expect their incomes to rise in the future.
B
You might also like to view...
Aggregate supply is
A) the horizontal summation of all supply curves for services. B) the sum of all planned production in the economy. C) the stock of all goods in the economy. D) the summation of all product supply curves.
Which of the following statements is true?
A) Knowledge of economics complicates decision making. B) Economics is more of a theoretical subject with limited applications in the real world. C) Testing with data is essential to develop a good theory. D) Cost-benefit analysis can be applied only to limited economic decisions.
Firms in an oligopoly market can potentially earn economic profits.
a. ?In the short run, but not the long run. b. ?In the long run, but not the short run. c. ?In both the short run and long run d. ?In neither the short run nor the long run
Distinguish economies and diseconomies of scale. How can the extent to which economies and diseconomies of scale explain the size and number of real world firms in an industry?