Real-business-cycle theory focuses on factors affecting:
A. Aggregate demand
B. Aggregate supply
C. The velocity of money
D. Consumer spending
B. Aggregate supply
You might also like to view...
The owner of a railroad that carries cargo should ________ supply when she foresees regulations that will ________ the cost of shipping cargo by truck
A) decrease; increase B) decrease; leave unchanged C) increase; increase D) leave unchanged; increase
The employment-population ratio is
a. percentage of the population unemployed b. percentage of the population employed c. the same as the unemployment rate d. always greater than 1 e. percentage of the population employed by the private sector.
An explanation for the low saving rate in the United States consistent with the demonstration effect includes:
A. highly-developed financial systems making it easy to buy homes with down payments under 15 percent. B. households spending beyond their means to keep up with community standards. C. large and persistent capital gains. D. relatively generous government assistance for the elderly and large down payments required for home purchases.
Nearly one-fifth of China's 1.38 billion people are under the age of 15. How will this affect high school enrollment over the next fifteen years? The labor market over the next fifteen years?
What will be an ideal response?