Budget projections for 2014-2020 indicate both higher levels of government spending and large budget deficits. According to the Keynesian view, this will lead to
a. an increase in aggregate supply during that decade.
b. weak aggregate demand and a continuation of recessionary conditions.
c. an increase in aggregate demand and real output.
d. higher interest rates and taxes that will retard future growth.
C
Economics
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Change in the aggregate quantity of goods and services supplied at every price level:
A. change in SRAS B. change in LRAS C. change in SRA quantity of output supplied D. determinant of SRA
Economics
Dividing the dividend payment by the stock's closing market price determines the
A) dividend yield. B) coupon payment. C) price-earnings ratio. D) selling price of the stock.
Economics