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Author Question: Which of the following does NOT shift the U.S. aggregate demand curve? A) an increase in GDP in ... (Read 53 times)

futuristic

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on: Jun 30, 2018
Which of the following does NOT shift the U.S. aggregate demand curve?
 
  A) an increase in GDP in Japan B) an increase in the supply of money
  C) a decrease in taxes D) a decrease in the price level

Question 2

What is the opportunity cost of investing 10,000 of your own money in a business you wish to start?
 
  What will be an ideal response?
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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LP

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

The opportunity cost of your 10,000 is the money you lose because you cannot invest the money elsewhere.


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