Which of the following will decrease aggregate demand?
a. An increase in government expenditure
b. An increase in consumption
c. An increase in investment spending
d. An increase in imports
d
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The principal advantage of the game theory approach is that it allows us to
a. take all possible information into consideration before developing a theory b. better understand why the firm in a competitive industry avoids games c. better understand how the government should regulate a natural monopoly d. better understand decision making when one person's choices affect another person's choices e. understand the relationship between the firm and the industry demand curves
Which of the following most accurately reflects the opportunity cost to a pharmacist who drives a taxi?
What will be an ideal response?
The public sector includes state and local governments, as well as the federal government.
Answer the following statement true (T) or false (F)
International flows of capital increase both efficiency and growth in countries around the world
Indicate whether the statement is true or false