In the AD/AS model, the aggregate demand for goods and services is composed of the purchases made by
a. households and foreigners (net exports).
b. businesses, bondholders, and foreigners (net exports).
c. businesses and governments.
d. consumers, investors, governments, and foreigners (net exports).
D
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During a recession:
a. Government spending automatically rises and taxes automatically rise. b. Government spending automatically falls and taxes automatically rise. c. Government spending rises automatically and taxes fall automatically. d. Government spending and taxes do not tend to change. e. None of the above.
Which of the following occupations is not among the ten projected fastest-growing U.S. occupations in terms of percentage increases?
A. School teachers. B. Biomedical engineers. C. Physical therapist assistants. D. Personal care aides.