The aggregate expenditure model predicts a business cycle expansion occurs when
A) the aggregate planned expenditure curve shifts downward.
B) aggregate supply increases.
C) induced expenditure decreases.
D) autonomous expenditure increases.
E) potential GDP increases.
D
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In the United States, government spending (federal, state, and local) on health care services accounts for ________ of all health care spending
A) 7% B) 47.3% C) 52.7% D) 84.4%
What causes the property owners and non-unionized workers in this country to be hostile toward organized labor?
(a) The perception that unions will strive to make gains for unskilled labor at the expense of everyone else (b) The perception that unions have traditionally championed the rights of women (c) The fear that the government will take over corporate America (d) Jealousy and fear of organized labor's well-known ability to "deliver the votes" for candidates of its choice in national elections