All of the following actions shift the aggregate demand curve to the right EXCEPT
A) the Fed raises the interest rate.
B) an increase in government transfer payments.
C) inflation is expected to rise next year.
D) an increase in expected future profit.
E) a decrease in taxes.
A
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Refer to the scenario above. If the equilibrium price charged by the firm in the short run is $170, the firm will earn ________
A) a profit of $10 per unit B) a profit of $25 per unit C) a profit of $0 per unit D) a profit of $30 per unit
Transfer payments are subtracted from national income to get to personal income
Indicate whether the statement is true or false
“Common stock” is the type only sold to small investors.
Answer the following statement true (T) or false (F)
When the dollar depreciates, this shifts the AD curve rightward and the SRAS curve leftward, which will always lead to a higher Real GDP
Indicate whether the statement is true or false