What do automatic stabilizers attempt to stabilize?
A) long-run aggregate supply B) exports
C) imports D) aggregate demand
D
Economics
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Briefly describe how the Bretton Woods system operated
What will be an ideal response?
Economics
A reduction in business expectations, combined with the imposition of new tariffs by major trading partners, would have what effect on aggregate demand? a. AD would increase
b. AD would decrease. c. AD would stay the same. d. AD could either increase or decrease, depending on which change was of a greater magnitude.
Economics