The position of the Keynesian aggregate demand schedule does not depend on the
a. level of government spending.
b. level of tax collections.
c. level of autonomous investment expenditures.
d. quantity of money.
e. the price of inputs such as oil.
E
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Larger countries tend to be more globalized, because their large internal markets allow them to export a wide range of products
a. True b. False Indicate whether the statement is true or false
Which of the following is true about the chairman of the Federal Reserve Board of Governors?
A. The chairman is elected by the Fed regional bank presidents. B. The chairman serves a 21-year term. C. A new chairman is elected as soon as a new U.S. president takes office. D. The chairman can be reappointed for more than one term.
How much is the APS at a disposable income of 2000?
Without an accepted medium of exchange
A) people would have to rely on gold or silver in order to exchange goods and services. B) goods and services would be exchanged by barter. C) prices are very difficult to determine. D) there would be no trade.