A reduction in aggregate demand will normally reduce

a. prices.
b. real GDP.
c. employment.
d. All of the above are correct.


d

Economics

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Ascertaining whether or not a regressor is strictly exogenous or exogenous ultimately requires all of the following with the exception of

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China has a trade deficit in services, while India has a trade surplus in services

Indicate whether the statement is true or false

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If 2015 is the base year and the inflation rate between 2015 and 2016 is 7.1, the price index in 2016 is

A. 171. B. 107.1. C. 92.9. D. 1.09.

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