In the aggregate expenditures model, if aggregate expenditures (AE) are less than GDP, then GDP increases

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Differentiate between a pure strategy and a mixed strategy

What will be an ideal response?

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If the interest rate is 10 percent, the present value of $400 to be received one year from today is about

A) $440. B) $390. C) $364. D) $377.

Economics