Which combination of factors would most likely increase aggregate demand?
A. An increase in business taxes and a decrease in profit expectations.
B. An increase in household indebtedness and a decrease in net exports.
C. An increase in net exports and a decrease in government spending.
D. An increase in consumer wealth and a decrease in interest rates.
Answer: D
Economics
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The table above gives the demand schedule for peas. Between point A and point B, the price elasticity of demand equals
A) 0.11. B) 0.50. C) 0.22. D) 9.09.
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Money payments made by governments to individuals for which no services or goods are concurrently rendered are known as
A) transfer payments. B) government-sponsored payments. C) government-inhibited payments. D) black market payments.
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