Multiple Choice
Aggregate demand grows because
A) patent laws protect and stimulate new inventions.
B) there is more machinery and technology improvement.
C) the government increases its spending, a growing population increases consumer spending, and the Fed increases the money supply.
D) All of these responses are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q83: Most economists today believe that the Phillips
Q84: Economist A.W.Phillips found a negative correlation between
Q85: If you believe that expectations react slowly,
Q86: In the short run, fiscal and monetary
Q87: The theory of rational expectations says that<br>A)workers
Q89: Many economists think that, in the long
Q90: Most economists now agree that the Phillips
Q91: The intent of indexing is to<br>A)raise tax
Q93: If strong fiscal policy stimulus is used
Q103: If fluctuations in economic activity emanate from