All of the following shift the aggregate demand curve to the right EXCEPT
A) an increase in expected future profit.
B) an increase in foreign income.
C) an increase in government expenditure.
D) an increase in taxes.
E) an expansion of the global economy.
D
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Falling inequality has been a feature of the HPAE due to land reform, free public education, free basic health care, and significant investments in infrastructure for communication, sanitation, and transportation
Indicate whether the statement is true or false
The benefit to employers of deferred payments is that
A) adverse selection is eliminated. B) employers cannot engage in any opportunistic behavior. C) these payments raise the cost of being fired, so more monitoring is needed. D) these payments raise the cost of being fired, so less monitoring is needed.
The amount that must be paid to an individual to get them to invest in the industry is
A) a normal rate of return. B) the explicit costs. C) reinvestment. D) financial capital.
One of the factors causing the shrinking gap between rich and poor countries is
a. learning by poor countries. b. increasing resource discoveries. c. increasing populations in poor countries. d. transfers of income from rich countries.