Which of the following adjust to bring aggregate supply and demand into balance?
a. the price level and real output
b. the real rate of interest and the money supply
c. government expenditures and taxes
d. the saving rate and net exports
a
Economics
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When more labor is unemployed than the amount at the natural unemployment rate, then real GDP ________ potential GDP
A) is equal to B) is less than C) is greater than D) cannot be compared to
Economics
Refer to the graph shown.
As a result of a tariff T imposed on speedboats, the price domestic consumers pay for speedboats probably will likely be:
A. P1. B. P2. C. P3. D. P4.
Economics