Refer to the given diagram. Consumption will be equal to income at:
A. an income of E.
B. an income of F.
C. point C.
D. point D.
A. an income of E.
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The slope of the aggregate demand curve illustrates that as the price level rises,
A. real GDP demanded decreases. B. real GDP demanded increases. C. the aggregate demand curve shifts rightward. D. the aggregate demand curve shifts leftward.
Management gets two numbers (price and quantity) from one decision because
A. the marginal utility of goods is fixed. B. producers use both technical and financial information. C. the demand curve consists of price and quantity pairs. D. the average cost curve has only one low point.
The September 11 attacks no doubt worsened the slowdown that had already begun earlier in mid-2000
a. True b. False
Savings deposits are ________ the M1 measure of money and ________ the M2 measure of money.
A. included in; included in B. excluded from; included in C. included in; excluded from D. excluded from; excluded from