Author Question: Aggregate demand represents the _____ at alternative price levels. a. total spending in the economy ... (Read 74 times)

maegan_martin

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Aggregate demand represents the _____ at alternative price levels.
 a. total spending in the economy
  b. total saving in the economy
  c. total money demand in the economy
  d. total output of the economy
  e. total money supply in the economy

Question 2

Microeconomic topics do not usually include:
 a. how wages are determined in the labor market.
 b. the magnitude of national income.
 c. how firms choose output to maximize profits.
 d. how consumers maximize utility subject to a budget constraint.



bob

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Answer to Question 1

a

Answer to Question 2

b



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