Which of the following will lead to a decrease in aggregate demand in the United States?
a. a higher price level
b. a decrease in the real interest rate
c. rapid growth in real income in Japan and Western Europe
d. an increase in the exchange rate value of the dollar
D
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Describe the two major categories of public assistance
What will be an ideal response?
If the expansion of a country's exports leads to growth in non-export industries this is called a(n)
A) secondary effect. B) linkage effect. C) elementary effect. D) None of the above.
Nonexcludable and nonrival goods are known as
a. Public goods. b. Private goods. c. Efficient goods. . d. Those which are the last to be purchased. e. There is no such thing as goods which are both Nonexcludable and nonrival.
A system financed primarily through retrospective fee-for-service insurance reimbursement is:
a. A closed system. b. An open-ended system. c. A cost-plus system d. An efficient system. e. Both b and c.