If aggregate demand just increased, which of the following may have caused the increase?
A) an increase in the interest rate B) an increase in imports
C) an increase in government purchases D) an increase in the price level
C
Economics
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When the firm in the figure above maximizes its profit, it earns an economic profit of
A) $3,125. B) $6,250. C) $9,375. D) $5,625. E) None of the above answers are correct because the firm incurs an economic loss.
Economics
Fiscal policy is defined as changes in federal ______ and ______ to achieve macroeconomic objectives such as price stability, high rates of economic growth, and high employment.
a. taxes; interest rates b. taxes; the money supply c. interest rates; money supply d. taxes; expenditures
Economics