The concept of government as redistributor is
a. approved by many, but questioned by many as well.
b. generally rejected as against "the American way."
c. largely approved by a vast majority of Americans.
d. unnecessary in the United States because income disparities are small.
e. a conservative idea that many liberals reject.
a
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By measuring ________ we can see that the economies of Hong Kong and Singapore are catching up to the economies of North America but that the economies of Central and South America are not
A) inflation per person B) real GDP per person C) the population D) real GDP
Explain how each of the following events would affect the aggregate demand curve
a. Lower interest rates b. A decrease in net exports c. A decrease in the price level d. Slower income growth in other countries e. A decrease in imports