John Maynard Keynes believed that the equilibrium level of national income is primarily determined by aggregate expenditures

What new authority did the ECB receive in 2012?

A) the authority to oversee the banking systems of all member countries B) the ability to set different interest rates in different member countries C) the ability to require that member nations balance their budget D) permission to monetize the debt of member countries

An increase in government spending shifts the PPF

A) upward, but does not change its slope. B) upward, and also changes its slope. C) downward, but does not change its slope. D) downward, and also changes its slope.