From the late 1960s to the late 1990s, the share of GDP devoted to government purchases
A) drifted gradually upward.
B) drifted gradually downward.
C) remained fairly steady.
D) increased, but only after the onset of a war or a military buildup.
B
Economics
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Ceteris paribus, in the short run following a decrease in the rate of growth in aggregate demand, we would expect to see an increase in the rate of unemployment and a decrease in the rate of inflation
Indicate whether the statement is true or false
Economics
The M1 money supply is composed of
A. all coins and paper money held by the general public and the banks. B. bank deposits and mutual funds. C. checkable deposits and currency in circulation. D. bank deposits of households and business firms.
Economics