The variables on the vertical and horizontal axes of the aggregate demand and supply graph are
a. the price level and real output.
b. real output and employment.
c. employment and the inflation rate.
d. the value of money and the price level.
a
Economics
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Before its IPO, Facebook was an example of a private firm. As a private firm, Facebook was
A) not subject to government regulations and taxation. B) not legally allowed to raise funds through venture capital firms. C) run by stockholders and a board of directors. D) run by its founder, Mark Zuckerberg.
Economics
Suppose that the capital stock initially is 1000, the depreciation rate is 0.06, and net growth of the capital stock is 120. This makes investment equal to
A) 180. B) 60. C) 127.2. D) 112.8
Economics