Planned aggregate expenditure increases when ________ in the income-expenditure model.
A. the government sector is included
B. consumption is excluded
C. investment is excluded
D. the government sector is excluded
Answer: A
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In the monetary intertemporal model, the long-run effects of an increase in the level of money include
A) an increase in employment. B) lower output. C) higher real wages. D) higher nominal wages.
A problem with the socialization argument is that _____
a. the organization of public schools often lends itself to segregation b. it is unfair c. students need to learn to be good citizens d. public schools are open to everyone
A pie chart is a way to display information regarding two variables
a. True b. False Indicate whether the statement is true or false