One way to measure national debt over time is relative to:
a. the cash flow of the banking system
b. the economy's production and income.
c. credit sales of consumer durables over a year.
d. national home sales in large cities.
e. the economy's savings.
b
Economics
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Explain how the purchases of used goods and of financial assets affect GDP
What will be an ideal response?
Economics
According to classical theory, a shift in aggregate demand will affect
A) the price level only. B) real Gross Domestic Product (GDP) only. C) the level of employment only. D) both real Gross Domestic Product (GDP) and the level of employment.
Economics