A federal policy that leads to an increase in aggregate supply is likely to result in:
a. lower levels of employment

b. an increase in aggregate demand.
c. a higher price level.
d. lower levels of real GDP.
e. an economic expansion.

e

Economics

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Understanding the impact of carbon taxes on the energy usage of individual households and firms is studied under:

A) microeconomics. B) macroeconomics. C) fiscal economics. D) financial economics.

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The unemployment rate equals [(the number of people unemployed)/(the population)] × 100

Indicate whether the statement is true or false

Economics