According to Keynesian theory, which of the following is not true e of all short-term macro equilibria?
A. The aggregate demand curve intersects the aggregate supply curve.
B. All macroeconomic goals are achieved.
C. The economy may or may not be at full employment.
D. Producers are selling everything they currently produce.
Answer: B
Economics
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Which of the following demonstrates international interdependence?
a. the oil shocks b. the debt crisis c. global warming d. all of the above.
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DeWitt Clinton is most recognized for
a. inventing the wheat combine. b. being one of the primary advocates of the abolition movement. c. developing the technology to power railroad engines. d. overseeing the building of the Erie Canal.
Economics