In order to predict changes in aggregate demand, it must be possible to forecast
A. changes in the demand for investment goods.
B. changes in the demand for consumer goods.
C. changes in the demand for money.
D. All of the choices are correct.
D. All of the choices are correct.
Economics
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Stagflation refers to
A. The simultaneous occurrence of higher inflation and higher unemployment rates. B. Simultaneous decreases in inflation rate and unemployment rate. C. Inflation resulting from lower unemployment rates. D. Negative inflation rates.
Economics
The lunch you buy in your school cafeteria is classified as
A. a consumer durable. B. a consumer nondurable. C. a service. D. either a consumer nondurable or a service because it fits into both categories.
Economics