An economy in which output has decreased and prices have decreased would suggest a:
A. decrease in short-run aggregate supply.
B. increase in aggregate demand.
C. increase in short-run aggregate supply.
D. decrease in aggregate demand.
Answer: D
Economics
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The Full Employment Act of 1946 was based on the ideas associated with the
a. classical school b. Keynesian school c. rational expectations school d. supply-side school e. monetarist school
Economics
Assume that the listed amounts constitute this bank's complete set of accounts. Moolah's:
Answer the question on the basis of the following information for the Moolah Bank.
A. assets are $1,000.
B. liabilities are $1,000.
C. net worth is zero.
D. profit is $1,000.
Economics