In order to predict changes in aggregate demand, it must be possible to forecast
A. changes in the demand for investment goods.
B. changes in the demand for consumer goods.
C. changes in the demand for money.
D. All of the choices are correct.
D. All of the choices are correct.
You might also like to view...
How would an increase in prices in retail stores change the real value of the money you earn as wages?
What will be an ideal response?
Milton Friedman and Anna Jacobson Schwartz stated that
A. changes in the behavior of the money stock have been closely associated with changes in economic activity, money income, and prices. B. the basic problem during recession is inadequate aggregate demand. C. the capitalist system is inherently unstable; it tends toward cycles of overproduction and recessions. D. the only way to stabilize the economy is through very forceful fiscal policy.
Which one is a macroeconomic topic?
a. A business decides to buy new software. b. A person decides to return to college. c. The central bank lowers interest rates to stimulate the economy. d. The government issues new environmental regulations.
If the U.S. were to revert to a gold standard, trade deficits would:
A. result in gold reserves in the U.S. decreasing. B. result in high inflation. C. quickly disappear. D. result in lower domestic interest rates.