Which group believes an increase in the incentives to produce will ultimately move the economy from point A to point C in Figure 18.3?

A. Supply-side economists.
B. Monetarists.
C. Classical economists.
D. Keynesians.

Answer: A

Economics

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The sum of the value added by all firms equals total:

A. investment spending. B. spending on capital goods. C. value of final goods and services. D. profits.

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If there were no usury law, the quantity of money borrowed would be $_____ billion.


A. 175
B. 200
C. 250
D. 300

Economics