According to Keynesians, an increase in the money supply will have its least impact on GDP when the aggregate demand curve intersects:
a. the horizontal portion of the aggregate supply curve.
b. the vertical portion of the aggregate supply curve.
c. the upward sloping portion of the aggregate supply curve.
d. either the horizontal or upward sloping portion of the aggregate supply curve.
e. either the horizontal or upward sloping portion of the aggregate supply curve.
b
Economics
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The regression R2 is a measure of
A) whether or not X causes Y. B) the goodness of fit of your regression line. C) whether or not ESS > TSS. D) the square of the determinant of R.
Economics
What is the maximum amount an investor should be willing to pay for a two-year $200 annuity, if the best alternative investment earns 20 percent per annum?
a. $305.56 b. $166.67 c. $138.89 d. $268.79
Economics