Which of the following changes would probably not lead to an increase in aggregate expenditure?
a. an increase in aggregate wage income
b. an increased mood of optimism about the nation's economic prospects
c. an increase in the value of corporate stocks
d. a decrease in the income tax rate
e. an increase in the interest rate
E
Economics
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To face scarcity means individuals
A) choose. B) economize. C) sacrifice some plans over others. D) all of the above.
Economics
Which of the following is an entity of the Federal Reserve System?
A) the U.S. Treasury Secretary B) the FOMC C) the Comptroller of the Currency D) the FDIC
Economics