The threat of substitutes is held constant in Porter's five forces model

Indicate whether the statement is true or false

False

Economics

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Refer to Figure 16-12. An increase in government purchases of $200 billion causes aggregate demand to shift ultimately from AD1 to AD2

Assuming a constant price level, the difference in real GDP between point A and point B will be ________ $200 billion. A) less than B) greater than C) equal to D) There is insufficient information given here to draw a conclusion.

Economics

Why did the U.S. Congress establish the Federal Reserve as an independent agency?

What will be an ideal response?

Economics