When borrower-spenders raise funds in financial markets, they issue new securities in the
A) primary market.
B) secondary market.
C) third market.
D) fourth market.
A
Economics
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In the simple Keynesian model, equilibrium aggregate output is determined by
A) aggregate demand. B) aggregate supply. C) the national demand for labor. D) the price level.
Economics
Refer to the above figure. Suppose demand is D2 and then increases to D3. Economic rent after the change is
A) zero. B) area CIHF. C) area CIGO. D) area BJC.
Economics