In the circular-flow diagram, which of the following items represents a payment for a factor of production?
a. interest
b. capital
c. spending by households on goods
d. spending by households on services
a
Economics
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A decrease in government expenditure would shift the:
A) aggregate demand curve rightward. B) aggregate demand curve leftward. C) aggregate supply curve rightward. D) aggregate supply curve leftward.
Economics
When the Fed conducts open market operations, it buys and sells:
a. stocks. b. government securities. c. foreign currency d. gold.
Economics