An increase in government purchases, an increase in the interest rate, and an increase in consumption all shift the aggregate expenditure line upward
a. True
b. False
B
You might also like to view...
If people start to use cash because of an increase in credit card fraud, which of the following would we expect to happen under a neutralization policy?
a. The money supply would decrease, real GDP would not change, and the interest rate would not change. b. The money supply would increase, real GDP would not change, and the interest rate would not change. c. The money supply would decrease, real GDP would increase, and the interest rate would decrease. d. The money supply would increase, real GDP would not change, and the interest rate would decrease. e. The money supply would decrease, real GDP would decrease, and the interest rate would not change.
Suppose a company wanted to try to improve the health of its workers as part of its health initiative program. When constructing a new building, it decides to put the elevators significantly farther than the stairs from the main entrance. This would be considered as an example of a(n):
A. push. B. irrational behavior. C. laissez-faire policy. D. nudge.
A dominant strategy is one that is best no matter what the other player(s) does (do).
Answer the following statement true (T) or false (F)
Nominal GDP measures the value of goods and services using current-year prices.
Answer the following statement true (T) or false (F)