Which of the following will shift the aggregate demand curve to the right, ceteris paribus?
A) a decrease in disposable income
B) a decrease in expected profits for firms
C) an increase in net exports
D) an increase in interest rates
C
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Government plays a role in which type of economy?
A. Only free-market economies like the United States B. Only socialist economies C. Only mixed economies D. All economies
Assume that excess reserves are $10 million, demand deposits are $500 million, and total reserves are $135 million. The required reserve ratio is
A) .05. B) .1. C) .2. D) .25.
In the United States, the dramatic increase in government social spending since the mid-1960s has
a. made incomes less equally distributed b. made incomes equally distributed c. not greatly increased the money income share of the poorest fraction of the population d. greatly increased the money income share of the richest fraction of the population e. decreased the percentage of families in the lowest fifth
Which country has the highest level of income inequality?
a. Brazil b. Russia c. China d. India