The aggregate demand curve has an upward slope due to the positive relationship between the price level and aggregate quantity demanded

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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A nation's real GDP was $250 billion in 2013 and $265 billion in 2014. Its population was 120 million in 2013 and 125 million in 2014. What is its real GDP per capita in 2014?

A.  $2,120 per person B.  $212 per person C.  $21,200 per person D.  $205 per person

Economics

Based on this graph, the year with the highest surplus took place in the ______.


a. 1940s
b. 1970s
c. 1990s
d. 2000s

Economics