Which of the following would shift the aggregate demand curve to the left?
a. An increase in exports.
b. An increase in investment.
c. An increase in government spending.
d. A decrease in government spending.
d
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Around what percentage of state government spending is finance by intergovernmental transfers? Give three justifications for intergovernmental transfers
What will be an ideal response?
Less than 10% of two-parent poor families have interest or dividend income
Indicate whether the statement is true or false
If the Federal Reserve decreases the money supply, then initially there is a
a. shortage in the money market, so people will want to sell bonds. b. shortage in the money market, so people will want to buy bonds. c. surplus in the money market, so people will want to sell bonds. d. surplus in the money market, so people will want to buy bonds.
When a nation is under-allocating resources to the production of a good, then the:
A. Marginal benefit is greater than the marginal cost of the good B. Marginal benefit is less than the marginal cost of the good C. Marginal cost of producing the good is decreasing D. Marginal benefit of producing the good is increasing