The book that is the basis for modern macroeconomic theory is
a. The Wealth of Nations.
b. Principles of Political Economy.
c. The General History of Money and Banking.
d. The General Theory of Employment, Interest, and Money.
d
Economics
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Total output and total income in the circular flow model
A) are measures of the economy's level of savings. B) include only intermediate goods. C) are equal to each other. D) are related because national income is less than national product.
Economics
Proposals to write off significant developing-country debt were opposed by
a. all developing countries b. most developed countries and some middle-income, highly-indebted developing countries c. most developed countries and the poorest developing countries d. only the poorest developing countries e. all countries opposed these proposals
Economics