As long as the aggregate supply curve is upward sloping, an increase in aggregate demand will increase
a. real wealth.
b. price levels.
c. unemployment.
d. net exports.
b
Economics
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The reversal of fortune can be primarily attributed to:
A) the religious practices in a nation. B) the type of institutions in a nation. C) geography of a nations. D) the type of culture in a nation.
Economics
The largest expenditure component of U.S. GDP is:
A. consumption. B. investment. C. exports. D. government purchases.
Economics
If marginal cost equals average total cost:
A. average total cost is minimized. B. average variable cost is falling. C. marginal cost is minimized. D. average variable cost is minimized.
Economics
Demand-pull inflation could start with
What will be an ideal response?
Economics