If some non-price level determinant causes total spending to decrease, then the effect on aggregate demand will be a:
a. movement upward along the curve
b. movement downward along the curve.
c. shift to the left.
d. shift to the right.
c
Economics
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What is the threshold age for individuals to be considered as being in the "labor force" for statistical purposes?
A) 16 B) 18 C) 21 D) Over 21
Economics
In the Keynesian model, money is
A) neutral in both the short run and the long run. B) neutral in neither the short run nor the long run. C) neutral in the short run, but not in the long run. D) neutral in the long run, but not in the short run.
Economics