Which of the following would shift the aggregate expenditure line upward?
a. an increase in labor supply
b. a decrease in labor demand
c. a decrease in government spending
d. a decrease in net exports
e. an increase in autonomous consumption spending
E
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What are the two channels through which the world economy can affect U.S. aggregate demand? State what changes in the world economy can increase U.S. aggregate demand
What will be an ideal response?
A cheerleader-turned-pop-vocalist is offered a choice by her producer of either a lump sum of $20 million for all future work or a stipend of $1 million per year, payable to her and her heirs forever. She should choose the $1 million
a. no matter what the interest rate is b. if the interest rate is greater than 20 percent c. if the interest rate is less than 20 percent d. if the interest rate is greater than 5 percent e. if the interest rate is less than 5 percent
The typical welfare family consists of a ____________ and ____________ children.
Fill in the blank(s) with the appropriate word(s).
In a market system, self-interest motivates most people to
A. rely on government central planning. B. provide products for other people. C. remain self-sufficient. D. avoid paying insurance premiums.