Which of the following is an impact of an increase in the general price level?
a. An increase in aggregate demand for goods and services
b. A decrease in aggregate supply of goods and services
c. An increase in the price of the financial assets
d. A decrease in supply of bonds and other assets
e. An increase in interest rates
e
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Use the following given market-for-money diagrams to answer the next question.
Curve D1 represents the
A. transactions demand for money. B. asset demand for money. C. total demand for money. D. stock of money.
Those individuals who rejected the U.S. tariff policy of the antebellum period did so for which of the following reasons? They
(a) Wanted to save domestic jobs in those industries reliant on imports. (b) Depended on imports for domestic production. (c) Wanted to protect relatively low consumer prices, advance free trade and boost economic efficiency. (d) All of the above.
The Social Security Trust Fund
a. will provide a stream of future revenue for the federal government. b. is a "pot" of money set aside for the payment of future benefits. c. is a net asset of the U.S. Treasury worth approximately $2 trillion. d. is of zero asset value to the federal government.
Which of the following are excluded from GDP?
A. changes in the value of existing assets B. financial transactions C. sales of used goods D. All of the choices are excluded from GDP.