The main problem we had during the Great Depression, said John Maynard Keynes, was inadequate ________.
Fill in the blank(s) with the appropriate word(s).
aggregate demand
You might also like to view...
Which of the following games provides the best way to model price wars?
A) a repeated duopoly game B) a game of chicken C) a sequential entry game in a noncontestable market D) a sequential entry game in a contestable market
Regarding structural deficits, which of the following assertions is true? a. The structural deficit depends on the state of the economy
b. The structural deficit is basded on actual expenditures and receipts. c. The structural deficit change only when policy changes. d. The structural deficit changes when GDP changes.
As an individual earns additional income, the marginal utility of income tends to
A. Decrease. B. Increase. C. Remain constant. D. Shift toward the origin.
When the government imposes a tariff on imported goods, it _____________ prices for domestic consumers, ________________ consumers' surplus and _________________ the producers' surplus for domestic producers
A) raises; lowers; raises B) lowers; raises; raises C) lowers; raises; lowers D) raises; lowers; lowers E) none of the above