The aggregate demand curve
a. is a horizontal line if the economy is perfectly competitive
b. depicts the economy's equilibrium output level at each possible price level
c. depicts the economy's equilibrium output at each possible interest rate
d. shifts whenever the price level changes
e. can slope upward if the Fed changes the money supply
B
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Multilateral aid is provided by
a. The U.S. Agency for International Development b. The Canadian International Development Agency c. The World Bank d. The American Red Cross e. none of the above
When deciding where to locate, businesses _____
a. will always locate in the lowest tax area b. pay no attention to property taxes c. might move to a high property tax area if local amenities are good d. will always locate closest to their customer base
After a loan is made, the:
a. M2 money supply rises until the loan is repaid. b. M2 money supply rises until the loan is spent. c. M2 money supply rises until the loan is cleared. d. M2 money supply does not change until the loan is spent. e. M2 money supply does not change until the loan is cleared.
Discrimination occurs when the marketplace offers different opportunities to similar individuals who differ only by
a. age. b. years of experience. c. years of education. d. All of the above are forms of discrimination.