All other thing unchanged, when the Fed sells government bonds, it aims to shift the aggregate demand curve to the right.

a. true
b. false


Ans: b. false

Economics

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The potential adult work force includes:

A) non-institutional population 13 years and over plus people on active duty in the military. B) non-institutional population 16 years and over plus people on active duty in the military. C) non-institutional population 18 years and over. D) civilian non-institutional population 16 years and over.

Economics

Sue views hot dogs and hot dog buns as perfect complements in her consumption, and the corners of her indifference curves follow the 45-degree line

Suppose the price of hot dogs is $5 per package (8 hot dogs), the price of buns is $3 per package (8 hot dog buns), and Sue's budget is $48 per month. What is her optimal choice under this scenario? A) 8 packages of hot dogs and 6 packages of buns B) 8 packages of hot dogs and 8 packages of buns C) 6 packages of hot dogs and 6 packages of buns D) 6 packages of hot dogs and 8 packages of buns

Economics

Social Security was established

a. in the 1930s to provide retirement income to those with a work history b. in the 1930s to provide jobs for the unemployed c. in the 1930s to provide health insurance d. in the 1960s to provide retirement income to those with a work history e. in the 1960s to provide health insurance

Economics

Consumer spending ___ and investment spending ____

Fill in the blank(s) with the appropriate word(s).

Economics