Which US President was in office during World War I?

a. Grover Cleveland.
b. Herbert Hoover.
c. Abraham Lincoln.
d. Woodrow Wilson.

d. Woodrow Wilson.

Economics

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In the above figure, the economy is initially at point B. If the government decreases transfer payments, there is

A) a movement to point C. B) a movement to point A. C) a shift to AD2. D) a shift to AD1.

Economics

The wealth effect refers to

A) the impact of household real wealth on consumption, savings, and the IS curve. B) the impact of household real wealth on money, prices, and the LM curve. C) the impact of household real wealth on short term and long term interest rates. D) the impact of household real wealth on aggregate supply curve.

Economics