Author Question: Which of the following is one common criticism of capitalism? a. Poor product quality and little ... (Read 69 times)

ereecah · **on:** Jun 30, 2018

Which of the following is one common criticism of capitalism?
a. Poor product quality and little product diversity.
b. Inefficiency of nationalized industries.
c. Inability to adjust quickly to changing economic conditions.
d. Inadequate environmental protection.

Question 2

A 2,000 decrease in investment will shift the aggregate expenditures curve down by:
a. exactly 2,000 and will decrease the equilibrium level of real GDP by exactly 2,000.
b. exactly 2,000 and will decrease the equilibrium level of real GDP by less than 2,000.
c. exactly 2,000 and will decrease the equilibrium level of real GDP by more than 2,000.
d. less than 2,000 and will decrease the equilibrium level of real GDP by less than 2,000.