An increase in all of the following will increase aggregate demand EXCEPT
A) investment.
B) savings.
C) exports.
D) government spending.
B
Economics
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The horizontal sum of marginal cost curves (above AVC) of all the firms in an industry is the short-run industry supply curve.
Answer the following statement true (T) or false (F)
Economics
The bargaining power of an LDC government in negotiating with a TNC is greatest when
a. it has large amounts of labor available b. it has a large market for a product c. it has a resource that few other countries have d. it can offer large tax breaks e. none of the above
Economics