Multiple Choice
Which of the following would not be included in aggregate demand?
A) additions of newly produced goods to inventory
B) purchases of U.S. services by foreigners
C) the purchase of newly produced capital goods
D) government transfer payments such as Social Security payments
Correct Answer:
Verified
Correct Answer:
Verified
Q7: The recessions of the 1970s are often
Q17: The sticky-price theory of the short-run aggregate
Q25: The aggregate-demand curve shows that a decrease
Q38: When taxes decrease,consumption<br>A)decreases as shown by a
Q39: If speculators bid up the value of
Q62: Pessimism<br>Suppose the economy is in long-run equilibrium.
Q68: A change in the money supply changes
Q446: Suppose the economy is in long-run equilibrium.
Q454: Suppose the economy is in long-run equilibrium.
Q456: Other things the same, continued increases in