The aggregate demand curve is directly derived from the expenditures schedule.
Answer the following statement true (T) or false (F)
True
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If the price of oil rises, producers of oil will
A) increase the quantity of oil supplied. B) supply less oil. C) leave the amount of oil supplied unchanged. D) cut the price.
From 2008 to 2012 both U.S. saving and U.S. investment fell
a. True b. False Indicate whether the statement is true or false
Fiscal policy is determined by
a. the president and Congress and involves changing government spending and taxation. b. the president and Congress and involves changing the money supply. c. the Federal Reserve and involves changing government spending and taxation. d. the Federal Reserve and involves changing the money supply.
Which statement is true?
A. In 1911 the Supreme Court decided to break up the oil and tobacco trusts. B. The rule of reason today is partially in force. C. Until the ALCOA case, the Supreme Court generally held that bigness was all right as long as the company wasn't bad. D. All of the statements are true.