A nation's capital stock was valued at $300 billion at the start of the year and $350 billion at the end. Consumption of private fixed capital in the year was $25 billion. Assuming stable prices, gross investment was:

Compared to many other countries, the United States has: a. fewer banks, with assets distributed more evenly

b. fewer commercial banks, with assets concentrated in a few large banks. c. more banks, with assets concentrated in a few large banks. d. more commercial banks, with deposits widely distributed among the banks. e. more commercial banks, with deposits concentrated in a few large banks.

Which of the following would result in a decrease in aggregate demand?

a. A higher domestic price level b. Higher raw materials prices c. Higher rates of tax d. Technological advances e. Expansionary government policy