As long as the aggregate supply curve is upward sloping, an increase in aggregate demand will increase

A. real wealth.
B. price levels.
C. unemployment.
D. net exports.

Answer: B

Economics

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When a government has a budget deficit, it must issue (sell) government bonds to finance the deficit

Does it matter for the rate of inflation if the government sells the government bonds to the public or sells the government bonds to the central bank? Explain why it does or does not matter.

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In the context of an ultimatum game, the first player proposes a split of $100 to a second player. The second player can either accept the split or both players receive $0 . A rational second player will accept any offer a. greater than $0

b. equal to $50. c. greater than $50. d. that she thinks is fair.

Economics