The aggregate supply curve is the total quantity of
A) raw materials offered for sale at different inflation rates.
B) final goods and services offered for sale at the current inflation rate.
C) final goods and services offered for sale at different inflation rates.
D) intermediate and final goods and service offered for sale at different inflation rates.
C
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If Southwest Airlines borrows $20 million from a bank to finance the renovation of their corporate offices, this is an example of
A) a stock market transaction. B) a bond market transaction. C) direct finance. D) indirect finance.
Which of the following factors is most likely to cause the aggregate demand curve to shift rightward?
a. An increase in savings b. An increase in household wealth c. An increase in tax rates d. A decrease in government spending
Which of the following was the result of Fannie Mae and Freddie Mac being both privately-owned and government-sponsored enterprises?
a. Their government sponsorship increased their cost of acquiring loanable funds. b. They were unable to earn profits and pay dividends to their shareholders. c. Congressional regulations exerted little or no impact on their business operations. d. Their activities were more susceptible to political influence and favoritism.
If the world price of a good is greater than the domestic price in a country that can engage in international trade, then that country becomes an importer of that good
a. True b. False Indicate whether the statement is true or false