According to the new classical view, aggregate output will differ from full-employment output
A) whenever saving does not equal investment.
B) only if the actual price level does not equal the expected price level.
C) only if the federal government's expenditures are greater than its tax receipts.
D) whenever imports exceed exports.
B
Economics
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The amount of pleasure or satisfaction derived from consumption of a good is called
A) need. B) utility. C) consumer surplus. D) demand.
Economics
Computers and computer software are complements. A decrease in the price of computers is likely to
A. decrease the demand for computers. B. decrease the demand for computer software. C. increase the demand for computers. D. increase the demand for computer software.
Economics