which of the following will shift the aggregate demand to the right
a. increase in government purchases
b. reduction in consumer spending
c. selling government securities by the federal reserve bank
d. downsizing of corporate investment spending
e. all of the above
a. increase in government purchases
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In and Edgeworth Box economy, no one strictly prefers the endowment allocation to the competitive equilibrium allocation.
Answer the following statement true (T) or false (F)
The BRAC anti-poverty program in Bangladesh gave poor families training on how to raise livestock, a savings account, and help with their physical and mental health. These policies can potentially improve economic growth by increasing a. education, savings, and human capital, respectively. b. physical capital, savings, and natural resources, respectively
c. property rights, research and development, and human capital, respectively. d. education, research and development, and natural resources, respectively.
If the Congress passes legislation to decrease government spending to control demand-pull inflation, then this would be an example of a(n):
a. Nondiscretionary fiscal policy b. Automatic stabilizers c. Contractionary fiscal policy d. Expansionary fiscal policy
Historically, controlling who was able to vote was an important tool:
A. to attract greater participation in the political system. B. for those who wanted to keep other groups out of power. C. to discourage some from participating in policy making. D. for those seeking to create policy that was beneficial for all.