The foreign purchases, interest rate, and real-balances effects explain why the:
A. Aggregate demand curve is downward-sloping
B. Aggregate demand curve may shift to the left or right
C. Economy will adjust towards equilibrium
D. Aggregate expenditures schedule may shift up or down
A. Aggregate demand curve is downward-sloping
Economics
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The labor force is defined as people
A) who have a job or are looking for a job. B) in the working-age population who have a job. C) in the working-age population who have a full time job. D) who are 16 years of age or older.
Economics
In the negative income tax plan, a guarantee of $5,000 and a tax rate of 50 percent imply a break-even income of which of the following figures?
a. $1,000 b. $2,500 c. $10,000 d. $12,500
Economics