If reserves in the banking system increase by $100, then checkable deposits will increase by $100 in the simple model of deposit creation when the required reserve ratio is

Explain through the component parts of aggregate demand why the aggregate demand curve slopes down with respect to the inflation rate. Be sure to discuss two channels through which changes in inflation rates affect demand

What will be an ideal response?

We refer to the whole class of goods that firms will ________ in a completely unregulated market economy as public goods.

A. underproduce B. overproduce C. not produce at all D. Both A and C are correct.