In the United States, the government coordinates most of the economic activity
Indicate whether the statement is true or false
FALSE
Economics
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If there is a decrease in foreign demand for U.S. goods due to a recession in Europe
A) the U.S. aggregate demand will shift right. B) the U.S. aggregate demand will shift left. C) the U.S. aggregate demand will not be affected. D) the U.S. aggregate demand will become steeper.
Economics
According to Keynes, involuntary unemployment is possible because of
A) the existence of capital markets. B) long-term labor contracts and the existence of labor unions. C) government interference in the market economy. D) inflation.
Economics