If aggregate demand equals output,
A) the economy is in a recession.
B) output will increase.
C) output will fall.
D) the economy is at its equilibrium level.
D
Economics
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The dollar will depreciate against the euro when the European Central Bank raises interest rates
Indicate whether the statement is true or false
Economics
One problem with constructing a perfectly complete realistic economic model is that
A) it would be too simplistic to have any value. B) it would be far too complicated to analyze. C) it would not serve the needs of economists who builds that model. D) None of the above is true.
Economics