The aggregate demand curve shows how real GDP purchased varies with changes in:
a. unemployment.
b. output.
c. the price level.
d. the interest rate.
c
You might also like to view...
A person who refuses an offer of employment in order to keep looking for a better job is counted by the BLS as
A) a discouraged worker. B) a shirker. C) eligible for unemployment compensation. D) not in the labor force. E) unemployed.
Even though it is generally true that the more goods and services people have, the better off they are, GDP provides only a rough measure of well-being
Assuming language is not an issue, what other factors besides GDP might you consider when deciding where to live and work?
If domestic savings was 2 billion last year and domestic investment was -12 billion, then the current account balance is
A) 10 billion. B) -10 billion. C) 14 billion. D) -24 billion.
Refer to the above figure. The marginal benefit of pollution abatement is curve
A) (1). B) (2). C) (3). D) (4).