Aggregate demand includes
a. the quantity of goods and services the government, households, firms, and customers abroad want to buy.
b. neither the quantity of goods and services the government, households, nor firms want to buy nor the quantity of goods and services customers abroad want to buy.
c. the quantity of goods and service the government wants to buy, but not the quantity of goods and services households, firms, or customers abroad want to buy.
d. the quantity of goods and services households and firms want to buy, but not the quantity of goods and services the government wants to buy.
a
You might also like to view...
A typical IMF stabilization package involves
(a) erecting barriers against foreign investment. (b) overvaluing the exchange rate. (c) liberalization of exchange controls. (d) a reduction in interest rates. (e) all of the above.
Which of the following evidence does not support the expected utility theory?
A) People assign disproportionately high weights to rare events. B) Risk-averse people do not engage in fair bets. C) Risk-loving people do not purchase insurance policies. D) Risk-neutral people engage in fair bets.