An increase in government purchases will increase aggregate demand because
A) the decline in the interest rate will increase demand.
B) the decline in the price level will increase demand.
C) consumption expenditures are a component of aggregate demand.
D) government expenditures are a component of aggregate demand.
D
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Explain how globalization has benefitted consumers but has also widened the gap between rich and poor in the United States
What will be an ideal response?
Equity Instruments include
A) stocks. B) bonds. C) banks deposits. D) receipts. E) bank statements.
In explaining their relative income status, either poor families don't work enough, or are paid too little
Indicate whether the statement is true or false
With a regressive tax system, as the level of income increases in an economy, the average tax rate will:
A. remain constant. B. increase. C. decrease. D. either increase or decrease.