Which of the following will cause consumption, and as a result, aggregate demand, to decrease?
a. a tax cut
b. a decrease in consumer confidence
c. increased population
d. an optimistic forecast of future income growth
b
Economics
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The function of the agent in the principal-agent relationship is
A) to be trusted with the principal's information. B) to perform tasks for the principal. C) to be the legal advisor of the principal. D) to act as go-between for the principal's negotiations.
Economics
Suppose that you are short in the cash market. Which of the following strategies creates a price ceiling for your purchased corn?
A. Take a long position in the futures market. B. Take a short position in the futures market. C. Buy a put option. D. Buy a call option.
Economics