Only a change in the price level can cause shifts in both the aggregate expenditure line and the aggregate demand curve
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is NOT included in the flow of investment spending that is part of total planned expenditures in the economy?
A) purchases of corporate stock B) inventory investment C) fixed investment D) spending on capital goods
What three conditions must be satisfied in order for the Coase theorem to work?
What will be an ideal response?
In a floating exchange rate system, an increase in the value of the exchange rate could be caused by
a. an increase in taxes. b. an decrease in government spending. c. a decrease in the domestic money supply. d. a decrease in exports.
The short-run supply curve of a perfectly competitive firm is: a. the average variable cost curve
b. the average total cost curve. c. the same as the demand curve. d. marginal cost above average variable cost.