Author Question: Aggregate demand represents the _____ at alternative price levels. a. total spending in the economy ... (Read 110 times)

maegan_martin

  • Hero Member
  • *****
  • Posts: 532
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

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

a

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

For a complete list of videos, visit our video library