A decrease in aggregate demand results in a(n) ________ in the ________

A) expansion; long run B) recession; short run
C) expansion; short run D) recession; long run

B

Economics

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Use the following information to answer the next question.Maya purchases only three products; orange juice, prepared meals, and on-demand episodes of her favorite shows. Each week she purchases 2 bottles of orange juice, 14 prepared meals, and 8 on-demand episodes. The prices of bottles of orange juice, prepared meals, and on-demand episodes for four different years are shown in the table below.YearPrice of Orange JuicePrice of Prepared MealsPrice of On-Demand Episodes1$2$6$102$6$5$123$4$7$134$4$8$11Based on this information, which of the following statements is true?

A. The cost of Maya's purchases increased in Year 2 and Year 3, but decreased in Year 4. B. Because the price of one of the goods has gone down each year, the cost of Maya's purchases has gone down each year. C. Inflation means that all prices have gone up, so there is no inflation in any year. D. There has been inflation in every year.

Economics

What is the difference between economies of scale and economies of scope? Provide an example of each that pertains to financial institutions.

What will be an ideal response?

Economics