Tax cuts on business income increase aggregate demand by increasing
A) wage rates. B) government spending.
C) consumption spending. D) business investment spending.
D
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Bonds that are sold in a foreign country and are denominated in the country's currency in which they are sold are known as
A) foreign bonds. B) Eurobonds. C) equity bonds. D) country bonds.
Stagflation can be defined as a combination of ____
a. economic migration and inflation b. economic aggregation and deflation c. economic stagnation and inflation d. economic aggregation and inflation
In seeking to explain what determines GDP, monetarists focus on the money supply while Keynesians focus on the spending components of total expenditures
Indicate whether the statement is true or false
When gross private domestic investment exceeds depreciation, it can be concluded that:
A. Net investment is positive B. Net investment is negative C. The economy is exporting more than it imports D. The economy is importing more than it exports