The aggregate-demand curve shows the
a. quantity of labor and other inputs that firms want to buy at each price level.
b. quantity of labor and other inputs that firms want to buy at each inflation rate.
c. quantity of domestically produced goods and services that households want to buy at each price level.
d. quantity of domestically produced goods and services that households, firms, the government, and customers abroad want to buy at each price level.
d
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If an economy's population grows at 3 percent and income grows at 3 percent, then
a. per capita income is declining b. the economy's standard of living is increasing c. per capita income is negative d. per capita income is constant e. human capital per capita is constant