This topic contains a solution. Click here to go to the answer

Author Question: In the Keynesian aggregate expenditures model, aggregate expenditures refer to: a. the amount of ... (Read 70 times)

@Brianna17

  • Hero Member
  • *****
  • Posts: 550
In the Keynesian aggregate expenditures model, aggregate expenditures refer to:
 a. the amount of GDP that could be produced if unemployment were zero.
  b. the combined expenditures of consumers, businesses, governments, and foreigners (net exports).
  c. the amount of demand for consumer goods that would arise if all citizens had all the income they wanted.
  d. consumer spending measured in constant prices.

Question 2

In order for barter to occur, traders must have a:
 a. unit of account.
  b. coincidence of wants.
  c. medium of exchange.
  d. central banking facility.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jxjsniuniu

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

b

Answer to Question 2

b




@Brianna17

  • Member
  • Posts: 550
Reply 2 on: Jun 30, 2018
Excellent


cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

For a complete list of videos, visit our video library