The most volatile component of aggregate demand is

a. consumption spending.
b. government spending.
c. investment spending.
d. net exports.

c

Economics

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Which of the following is an assumption used when drawing a production possibilities frontier?

i. Human wants and desires are limited to what is available. ii. Only two goods are considered. iii. The level of technology is fixed and unchanging. A) i only B) ii only C) i and iii D) ii and iii E) i, ii, and iii

Economics

When the Fed sells government bonds it ____ reserves and ______ the money supply.

A) increases; increases B) decreases; increases C) decreases; decreases D) increases; decreases

Economics