In the classical and monetarist aggregate demand curves:
a. money is the primary factor driving changes in aggregate demand.
b. taxes can never shift aggregate demand.
c. government spending can never shift aggregate demand.
d. changes in aggregate demand drive most recessions.
e. both a and d.
A
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A) you inherit $1 million from your Uncle Harry. B) you expect interest rates to fall. C) gold becomes more liquid. D) stock prices are expected to fall.
Suppose an employer has monitoring devices established so that the probability of an employee being caught while shirking is 0.2. If the gain to the employee from shirking is $1,000, how large a bond will deter shirking?
What will be an ideal response?
If the economy is operating at an output level beyond its full-employment capacity, which of the following would most likely direct the economy back to long-run equilibrium?
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When someone receives too much information and cannot tell what is important from what is not it is called
a. overload b. spam c. decoding information d. rejected information