The ________ illustrates the relationship between the price level and the quantity of planned aggregate expenditure, holding constant all other factors that affect aggregate expenditure
A) savings line B) 45-degree line
C) consumption function D) aggregate demand curve
D
You might also like to view...
Martha and George have just completed a nasty divorce, and Martha won the lion's share of the settlement. What can we conclude about their lawyers?
A) George's lawyer was productive, Martha's wasn't. B) Martha's lawyer was productive, George's wasn't. C) Both Martha's and George's lawyers were productive. D) Neither lawyer was productive.
The natural rate of unemployment will not change following an increase in ________ unemployment
A) frictional B) cyclical C) structural D) all of the above
The events of September 11, 2001 had a major direct impact on the economy's GDP
a. True b. False
Where important decisions involving people we do not know well are involved,
A. we are more likely to be risk neutral. B. weak signals of ability are never decisive. C. even weak signals of ability are often decisive. D. we are less likely to self-insure.