The aggregate expenditure curve shows
What will be an ideal response?
how planned aggregate expenditure and real GDP are related.
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James used $250,00 . from his savings account that paid an annual interest of 15% to purchase a hardware store. After one year, James sold the business for 320,000 . His accountant calculated his profit to be:
a. $320,000 b. $70,000 c. $282,500 d. $32,500
Which country is expected to be invited to join NAFTA?
a. Brazil b. Venezuela c. Honduras d. Chile
Government programs such as Medicare substantially subsidize health care purchases by some consumers in the U.S. economy. Who benefits from these subsidies? How do they affect the price of health care? If you are not a recipient of this program, are you made better or worse off by the subsidy? Explain
The activity known as shirking is LEAST likely to occur when:
A. all workers are paid the same wage rate. B. firm ownership is separated from the managerial control. C. the earnings of a worker are closely tied to the worker's output. D. workers are not monitored.