In a particular year, if the real GDP of Country Y is $400,000 and the nominal GDP of Country Y is $450,000, the GDP deflator is ________

The government's fiscal policy is its plan to regulate aggregate demand by manipulating: a. the money supply

b. taxation and government purchases. c. the treasury. d. the energy department.

Most economists believe that the market __________ produce nonexcludable public goods because of the __________.

A. will;  monetary incentive they have to produce them B. will not; externality problem C. will not; free rider problem D. will;  market shortage that often accompanies the production of public goods. E. none of the above