Moving along the aggregate expenditure (AE) curve, when real GDP increases, aggregate planned expenditures increase

A) by the same percentage as does real GDP.
B) by more than real GDP.
C) proportionately with real GDP.
D) by the same amount as does real GDP.
E) by less than real GDP.

E

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Ranking assets from most liquid to least liquid, the correct order is

A) savings bonds; house; currency. B) currency; savings bonds; house. C) currency; house; savings bonds. D) house; savings bonds; currency.

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The reason some insurance customers are more eager to purchase insurance is

a. they are more risk averse b. they are less risk averse c. they have a greater risk of making a claim d. Both A&C

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