Which one of the following statements is true?
a. Resources flow from the government to households.
b. Resources flow from firms to households.
c. Taxes flow from firms to the government.
d. Resource payments flow from firms to households
e. Imports flow from firms to foreign economies.
d
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Which of the following would unambiguously generate inflation?
A) a decrease in aggregate demand accompanied by an increase in aggregate supply B) an increase in aggregate demand accompanied by a decrease in aggregate supply C) an increase in aggregate demand accompanied by an increase in aggregate supply D) a decrease in aggregate demand accompanied by a decrease in aggregate supply
Which of the following would cause aggregate demand to shift to the right?
A. Increased income taxes B. Decreased corporate income taxes C. Decreased consumer confidence D. Decreased government spending