Which of the following will cause the long-run aggregate supply curve to shift? I. Changes in technology II. Changes in government spending III. Changes in the money supply
A) I only
B) II only
C) I, II, and III
D) only I and II
A
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Ignoring the government and foreign sectors, if planned investment spending is $500 billion, planned saving is $800 billion, and real Gross Domestic Product (GDP) is $13 trillion, then unplanned inventories will
A) decrease $300 billion. B) increase $300 billion. C) increase $800 billion. D) not change.
If NCNB Corp's deposits are $12.5 billion, its excess reserves are $100 million, and the reserve requirement is 10%, its actual reserves are
A. $100 million. B. $1.15 billion. C. $1.25 billion. D. $1.35 billion.
Explain and evaluate the validity of the military self-sufficiency argument for trade protection.
What will be an ideal response?
Describe the characteristics of private capital flows to DVC.
What will be an ideal response?