A reduction in personal income taxes increases Aggregate Demand through
a. an increase in investment spending.
b. an increase in national savings.
c. an increase in private savings.
d. an increase in personal consumption.
d
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The _____ account reflects the movement of goods and services into and out of the country. The _____ account reflects the flow of financial assets into and out of the country
a. universal transfer; financial b. universal transfer; current c. current; financial d. capital; current e. capital; financial
The natural rate of unemployment never changes
a. True b. False
There is a positive relationship between two variables if:
A. they move in opposite directions. B. they move in the same direction. C. one variable changes and the other does not. D. neither variable moves.
Transactions deposits include
A. checkable and debitable accounts. B. credit cards. C. certificates of deposit. D. lines of credit.