If there is complete crowding out as a result of an increase in government spending there will be
A) a decrease in aggregate demand.
B) no change in aggregate demand.
C) an increase in aggregate demand.
D) a downward movement along the aggregate demand curve.
B
Economics
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If a resource is in fact becoming scarcer, then one should expect
a. the price of the resource to rise. b. less demand for the resource as people try to conserve. c. greater supply as people reduce inventories before it is all gone. d. all of the above.
Economics
The cost to a manager of doing a poor job running the firm is:
A. a decrease in his fixed salary. B. a decrease in the sales of the firm. C. an increase in the likelihood of being replaced. D. a decrease in the profit of the firm.
Economics