The Keynesian-cross model is based on the idea that the ____ must equal total output
a. components of consumption
b. components of aggregate supply
c. components of aggregate demand
d. net exports
c
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In the postwar period, the rate of immigration to the US has
a. continuously increased. b. had periods of increase and decrease. c. tended to fall. d. remained relatively stable.
The distinctive characteristic of an oligopolistic market structure is that there are recognizable interdependencies among the decisions of the firms
a. true b. false
A capital gains tax is a tax on the:
A. earnings of individuals and corporations. B. income earned by buying assets and selling them at a higher price. C. wages paid to an employee. D. value of a good or service being purchased.
If GDP growth were to increase, it would cause the labor:
A. demand curve to shift left. B. demand curve to shift right. C. supply curve to shift left. D. supply curve to shift right.