Corporations produce most of the output in the United States.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Beginning from the full-employment level of real GDP, an increase in one of the components of the aggregate demand curve will increase the: a. average level of prices (CPI). b. unemployment rate
c. natural level of real GDP. d. level of investment spending. e. level of government spending.
Intended investment is
a. always equal to saving b. what producers hope will equal saving c. the investment producers actually make d. the investment producers had planned to make but may have ended up not making e. what producers hope ends up as inventory
If the price of inputs rises when a nation is in the intermediate range:
a. Real GDP remains the same and average price level rises. b. Real GDP remains the same and average price level remains the same. c. Real GDP falls and average price level rises. d. Real GDP falls and average price level falls. e. Real GDP falls and average price level remains the same.
Which of the following actions by the Fed would increase the money supply?
A. reducing the required reserve ratio B. selling government bonds in the open market C. increasing the discount rate D. increasing the income tax rate