In the Keynesian economic model, _____________ aggregate demand brings unemployment and too much brings inflation.
a. too much
b. stable
c. too little
d. dynamic
c. too little
You might also like to view...
Price ceilings generally do not lead to which of the following?
A. Persistent shortages B. A reduction in the quality of the good C. An increase in the number of units purchased D. The development of black markets
The money supply in the United States is backed by
A) faith. B) gold. C) silver. D) platinum.
The answer is: "When the official price of a currency is lowered." What is the question?
A) What is overvaluation? B) What is revaluation? C) What is appreciation? D) What is depreciation? E) none of the above
The problem of determining for whom to produce exists because:
A) government regulations prevent firms from producing the kinds of goods that consumers want. B) a decision that one person or group will receive a good or service usually means that another person or group will not. C) taxes on firms make it more costly for them to produce all the goods that people want. D) taxes on consumers make it more difficult for them to buy all the goods they want.