Which statement is true?
A. Only monetary policy can affect aggregate demand.
B. Only fiscal policy can affect aggregate demand.
C. Both monetary and fiscal policy can affect aggregate demand.
D. Neither monetary nor fiscal policy can affect aggregate demand.
C. Both monetary and fiscal policy can affect aggregate demand.
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The large increase in household wealth in the United States in the 1990s was the result of:
A. large capital gains. B. a low saving rate. C. a high saving rate. D. high rates of inflation.
Consider a small open economy with desired national saving of Sd = 1000 + 1000rw and desired investment of Id = 1000 - 500rw. Calculate national saving, investment, and the current account balance in equilibrium when the real world interest rate is
(a) rw = 0.025. (b) rw = 0.05. (c) rw = 0.0.
Wages are comparatively low in markets where demand for labor is low and supply is high
a. True b. False Indicate whether the statement is true or false
In April? 2017, which of the following demographic groups had a higher rate of unemployment than the unemployment rate for the total? population?