In Figure 1 below if the economy were at Y3 then we would expect there to be:
A. an increase in production since PAE < actual output.
B. an increase in production since PAE > actual output.
C. no change in production since PAE = actual output.
D. a decrease in production since PAE < actual output.
D. a decrease in production since PAE < actual output.
Economics
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Factors that decrease the demand for bonds include
A) an increase in the volatility of stock prices. B) a decrease in the expected returns on stocks. C) a decrease in the inflation rate. D) a decrease in the riskiness of stocks.
Economics
Which of the following does NOT finance the EU budget?
A) A European income tax B) Tariffs on goods entering the EU C) A share of national value added taxes D) A contribution from each country based on the size of its economy
Economics