Multiple Choice
Which of the following would not be included in aggregate demand?
A) an increase in firms' inventories.
B) purchases of goods by households.
C) firms' purchases of newly produced machinery.
D) government's tax collections.
Correct Answer:
Verified
Correct Answer:
Verified
Q27: The aggregate demand is described graphically as<br>A)sloping
Q28: The variables on the vertical and horizontal
Q29: Aggregate demand includes<br>A)only the quantity of goods
Q30: "Money is a veil" best describes the<br>A)new-Keynesian
Q31: The model of aggregate demand and aggregate
Q33: The aggregate demand and aggregate supply graph
Q34: The average price level is measured by<br>A)the
Q35: Most economists believe that in the short
Q36: Classical economist David Hume observed that as
Q83: Aggregate demand includes<br>A)the quantity of goods and