The growth primary growth stimulus provided to the economy through monetary policy comes from the ___________ sector.
A. government
B. business
C. consumer
D. import/Export
B. business
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Suppose that in 2009, private investment spending was $500 billion, government investment was $300 billion, and depreciation was $250 billion. How much did the capital stock increase in 2009 (assume there were no other changes that affect the capital stock)?
a. $300 billion b. $500 billion c. $550 billion d. $800 billion e. $1.05 trillion
In effect, tariffs on imports are:
A. special taxes on domestic producers. B. subsidies to domestic consumers. C. subsidies to foreign producers. D. subsidies for domestic producers.
Which of the following will not shift the aggregate demand curve to the right?
A. consumers becoming more optimistic about the future B. an increase in government spending C. business optimism increases D. consumers become pessimistic about the future
In the above figure, what is the quantity of workers that would be hired in a perfectly competitive market?
A. Q1 B. Q2 C. Q3 D. Q4