A vertical aggregate supply curve implies __________ Phillips curve

A) an upward-sloping
B) a downward-sloping
C) a vertical
D) a horizontal

C

Economics

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The mechanism that normally coordinates what goes on in an economy is the

A) government. B) Federal Reserve. C) price system. D) stock market.

Economics

In a closed economy, GDP is $1000, government purchases are $200, and consumption is $700 . If the government has a budget surplus of $25, what are investment, taxes, private saving, and national saving?

Economics