A sub-discipline of economics that looks at the economy as a whole is:

a. macroeconomics.
b. microeconomics.
c. positive economics.
d. normative economics.
e. impossible to model.

a

Economics

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Why are time series data unlikely to give an accurate estimate of demand?

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When planned investment exceeds saving in a private closed economy:

A.  Aggregate expenditures will equal GDP B.  Aggregate expenditures will exceed GDP C.  Aggregate expenditures will be less than GDP D.  Consumption plus investment will equal GDP

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