If trade policies change, then we would expect aggregate expenditure to:
A. increase.
B. decrease.
C. remain constant.
D. depends on the policy.
D. depends on the policy.
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The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 
A. recessionary; A B. recessionary; C C. recessionary; B D. expansionary; A
Dennis notices that jackets are on sale for $99. In this case money is functioning as a
A) medium of exchange. B) unit of account. C) store of value. D) payments-system ruler.
The equilibrium price in the money market is the:
A) inflation rate. B) exchange rate. C) interest rate. D) none of the above.
If you were a Keynesian economist, you would
a. believe that saving is always detrimental to our economic health b. believe that increased saving always leads to lower national income0 c. believe that increased investment is undesirable d. see economic trouble ahead if saving increases unattended by a complementary increase in intended investment e. actively try to achieve the paradox of thrift for our national economy