What would the aggregate expenditure model have to take into account in order to explain stagflation?
a. shifts in the aggregate supply curve
b. shifts in the aggregate expenditure curve
c. shifts in the aggregate demand curve
d. shifts in the equilibrium curve
a. shifts in the aggregate supply curve
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Government purchases include spending on ________.
A. government purchases of final goods only B. government purchases of final goods, government salaries, and transfer payments C. government salaries only D. government purchases of final goods and government salaries
As more people start using an operating system, more applications are developed for it. This makes the system more valuable to individual users. This is an example of a ________
A) pecuniary externality B) network externality C) positive externality D) negative externality
What are the prerequisites of a good forecast?
What will be an ideal response?
Index funds are usually outperformed by mutual funds that are actively managed by professional money managers
a. True b. False Indicate whether the statement is true or false