Keynes’ great book offered the promise of ending depressions through
A. investors reacting to lower interest rates.
B. consumers taking over the ownership of factories.
C. government nationalizing key industries.
D. government influencing aggregate demand.
Answer: D
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Which of the following would result in an increase in the demand for Toyota automobiles?
A. An increase in the price of Toyota automobiles B. A decrease in the price of Toyota automobiles C. A decrease in the price of Honda automobiles D. An increase in the price of Honda automobiles
Explain the meaning of the word "convergence" in the context of economic growth and standards of living
What will be an ideal response?
The U.S. Postal Service
a. has as much monopoly power now as it had 100 years ago b. has lost much of its market power due to new competitors and new technologies c. has increased its prices by less than the rate of inflation during the past 25 years d. is more mechanized and more computerized than its potential competitors e. is a perfectly competitive firm
For any given country, the net capital outflows to all other countries equal:
A. net exports to all other countries. B. net capital inflows from all other countries. C. national savings. D. net foreign direct investment to all other countries.