Keynesians view the economy as unstable as a result of the instability of aggregate demand. Which component of aggregate demand is primarily responsible?
a. Net export
b. expectations
c. Consumption
d. Private investment
e. both b and d.
E
Economics
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If the firm in the figure above is unregulated, the deadweight loss will be
A) zero. B) $100. C) $200. D) $400.
Economics
Refer to Table 11-4. In the table above, which countries are consistent with the predictions of the economic growth model?
A) all four countries B) Japan and Guatemala C) only Japan D) Botswana and Thailand
Economics