Other things equal, an increase in government purchases combined with an equal increase in taxes would:
a. increase AD
b. decrease AD dramatically.
c. decrease AD slightly.
d. leave AD unchanged.
a
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Tying agreements:
A. establish common boards of directors for previously competing firms. B. obligate a purchaser of product X to also buy product Y from the same seller. C. allow manufacturers to specify the retail prices of their products. D. prohibit firms from selling their products outside of specified geographic areas.
The sum of internal and external costs is
A) externalities. B) social costs. C) internalities. D) private costs.
The European Union is an example of ________ integration.
A) regional B) relative C) global D) bilateral
the interest rate that the Fed charges when it lends reserves to depository institutions is the ________ rate.
What will be an ideal response?