If the price of inputs falls and the government deficit rises:
a. Aggregate demand rises, and aggregate supply falls.
b. Aggregate demand rises, but aggregate supply does not change.
c. Aggregate demand falls, and aggregate supply rises.
d. Aggregate demand and aggregate supply rise.
.D
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The higher the marginal income tax rate, the
a. higher the MPC out of disposable income. b. lower the MPC out of disposable income. c. higher the autonomous expenditure multiplier. d. lower the autonomous expenditure multiplier. e. None of the above
If the company can correctly anticipate the adverse selection, what premiums would it charge?
a. $2500 b. $2600 c. $1000 d. $1100
If it takes $1 to buy 100 yen, then the exchange rate ______.
a. is 100 yen per $1 from the U.S. perspective and is $1 per 100 yen from the Japanese perspective b. is $100 per 1 yen from the Japanese perspective and is $1 per 100 yen from the U.S. perspective c. is $1 per 100 yen from the U.S. perspective and is 1 yen per $0.01 from the Japanese perspective d. is $1 per 100 yen from the Japanese perspective and 100 yen per $1 from the U.S. perspective
Suppose that real domestic output in an economy is 2400 units, the quantity of inputs is 60, and the price of each input is $30. The level of productivity in this economy is:
A. 50. B. 20. C. 30. D. 40.