Which of the following will not increase aggregate expenditures?
a. A decrease in domestic prices
b. A decrease in the interest rate
c. An increase in real wealth
d. An increase in income taxes
e. An increase in autonomous net exports
d
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In the U.S., the ________ and the ________ prohibit firms from explicitly agreeing to take actions that reduce competition
A) Department of Justice Act; Federal Trade Commission Act B) Sherman Antitrust Act; Federal Trade Commission Act C) Per Se Act; Sherman Antitrust Act D) Pareto Act; Anti-Cartel Act
When an economy dips into recession, automatic stabilizers will:
a. enlarge the budget deficit (or reduce the surplus). b. reduce the budget deficit (or increase the surplus). c. ensure that the budget remains in balance. d. expand the supply of money and, thereby, stimulate aggregate demand.