An increase in the U.S. price level (foreign prices held constant) will cause a leftward shift in the aggregate demand curve
a. True
b. False
Indicate whether the statement is true or false
False
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Economic growth is represented on the aggregate supply model by a
A) shift in the short-run aggregate supply curve to the left. B) shift in the long-run aggregate supply curve to the left. C) shift in the long-run aggregate supply curve to the right. D) shift in the short-run aggregate supply curve to the right.
What does it mean for a good to be nonexcludable?
What will be an ideal response?
Demand deposits are deposits in banks that are available upon making a cash withdrawal or writing a personal check
a. True b. False Indicate whether the statement is true or false
The greater the flow of investment spending, the greater the increase in the stock of:
A. saving. B. income. C. capital. D. money.