Favorable expectations about future sales will cause higher investment, ceteris paribus.
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The opportunity cost of the debt is the change in the mix of…
The opportunity cost of the debt is the change in the mix of output that occurs when public sector spending crowds out private sector spending.
To eliminate an AD shortfall of $100 billion when the econom…
To eliminate an AD shortfall of $100 billion when the economy has an MPC of 0.50, the government should increase spending by
Which of the following is an argument against balancing the…
Which of the following is an argument against balancing the federal budget?
A nation can forecast the following year’s deficit without k…
A nation can forecast the following year’s deficit without knowing how fast GDP will grow.
A growth recession is said to occur when the economy grows a…
A growth recession is said to occur when the economy grows at a
The trade-off between unemployment rates and inflation origi…
The trade-off between unemployment rates and inflation originates in the
Supply-side economists advocate
Supply-side economists advocate
Which of the following would result if the price level were…
Which of the following would result if the price level were below the equilibrium level?
Which of the following causes a movement along the investmen…
Which of the following causes a movement along the investment demand curve?