Refer to the accompanying figure.Based on the Keynesian cross diagram, if output equals 5,000, planned aggregate expenditure is ________ output, and firms will ________ production in response.

A. less than; decrease
B. equal to; not change
C. less than; increase
D. greater than; decrease


Answer: A

Economics

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If we compare income mobility in absolute terms, we would measure whether a person's income:

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Which of the following is not an interest-earning asset of commercial banks?

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Economics

_____ is the price paid by the insured to sell the risk to the insurer, which must cover the expected payout if a disaster occurs

a. Insurance interest b. Insurance coverage c. Insurance bonus d. Insurance premium

Economics