Along the Keynesian range of the aggregate supply curve, an increase in the aggregate demand curve will increase:
a. both the price level and real GDP.
b. only real GDP.
c. only the price level.
d. real GDP and reduce the price level.
b
Economics
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Currently, a three-month Treasury bill has a yield of 5% while the yield on a ten-year Treasury bond is 4.7%. What is the risk premium of the typical A-rated ten-year corporate bond with a yield of 5.5%?
A) 0.5% B) 0.8% C) 5.5% D) 1.17%
Economics
Which of the following often involves positive external benefits?
A) water pollution B) drunken driving C) inoculation programs D) tobacco smoking
Economics