One would speak of a change in the quantity of a good supplied, rather than a change in supply, if
A) the price of the good changes.
B) the cost of producing the good changes.
C) prices of substitutes in production change.
D) supplier expectations about future prices change.
A
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Which of the following is NOT a part of aggregate expenditure?
A) exports B) investment C) imports D) government expenditure E) taxes
John Maynard Keynes believed that a recession was caused entirely by
A. inadequate aggregate supply. B. inadequate aggregate demand. C. too much inflation. D. too much government intervention.
The absence of the Southern economy's ability to earn foreign exchange and its markets severely impacted all non-local trade in the U.S. after the Civil War
Indicate whether the statement is true or false
A society's organized way of providing for its people's needs and wants
a. command economy b. inflation c. capitalism d. economic system