The aggregate supply curve represents:
a. the quantity of aggregate output that producers are willing and able to supply at each possible price level.
b. the total quantity of a particular good that all producers are willing to supply at each possible price level.
c. the total quantity of a particular good that all producers are willing to supply at the equilibrium price level.
d. the quantity of aggregate output that producers are willing and able to supply at the equilibrium price level.
e. the quantity of aggregate output that producers are willing and able to supply at the equilibrium level of GDP.
a
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The FDIC
a. insures most bank deposits for up to $250,000. b. eliminates the need for bank depositors to run to their bank when they hear bad news about the bank. c. has been credited with reducing the number of bank failures since 1933. d. All of the above are correct.
If C = 2000 + .9YD, what increase in government spending must occur for equilibrium output to increase by 1000?
A) 100 B) 200 C) 250 D) 500 E) 1000
The relationship between planned real investment spending and the interest rate is
A. inverse. B. positive. C. constant. D. direct.
According to the In the News article, "A "War on Coal"?,"
A. The Obama administration concluded that the job losses from regulation are not worth the reduction in pollution. B. The Obama administration is attempted to cut air pollution from coal. C. The coal industry is expanding and producing acid rain. D. The Obama administration wanted to adopt new rules to reduce water pollution from coal mining.