Which of the followings does NOT describe the goods market in the ISLM model?

A) consumption function
B) investment function
C) government spending and tax
D) money demand function

D

Economics

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Aggregate supply is the same thing as:

a. total national spending. b. total domestic production. c. aggregate demand. d. a supply shock.

Economics

Which of the following expenditures is for an intermediate good?

A) The government buys new tires for its military vehicles. B) A U.S. tire firm sells new tires to Canada. C) General Motors buys new tires to put on the cars it's building. D) You buy new tires for your used car.

Economics