Answer the question based on the following list of factors that are related to the aggregate demand curve.
Which of the above factors best explain the downward slope of aggregate demand curve?
A. 2, 4, and 6
B. 7, 9, and 10
C. 1, 3, and 8
D. 4, 6, and 7
C. 1, 3, and 8
Economics
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Suppose the required reserve ratio is 100%. Explain if the Federal Reserve could still change the money supply with open market operations?
What will be an ideal response?
Economics
Transfer payments, like Social Security, are known as entitlements since ________
A) they are locked up by earlier legislation B) the individuals who receive these payments are poor and deserve our support C) the individuals who receive these payments made payments to the federal government in excess of the monies they draw from the system D) these monies tend to rise in an economic downturn
Economics