Which of the following is not a component of the aggregate demand curve?
a. Government spending (G).
b. Investment (I).
c. Consumption (C).
d. Net exports (X-M).
e. Saving.
e
Economics
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When there are credit-market imperfections, an increase in government debt may be advantageous because it
A) discourages credit-constrained consumers from borrowing too much. B) allows credit-constrained consumers to consume more. C) eliminates the problems that cause credit-market imperfections. D) encourages more private saving.
Economics
Neo-Keynesians view the Phillips curve as a permanent relationship, unchanging over time
Indicate whether the statement is true or false
Economics