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Author Question: The aggregate demand curve plots A) total expenditures against the level of employment. B) ... (Read 105 times)

penguins

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The aggregate demand curve plots
 
  A) total expenditures against the level of employment.
  B) desired expenditures against production.
  C) employment against the price level.
  D) planned expenditures against the price level.

Question 2

Other things being equal, a higher saving rate
 
  A) means higher standards of living today.
  B) is associated with a decline in the rate of growth of the population.
  C) means higher standards of living in the future.
  D) leads to higher interest rates.



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bitingbit

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Answer to Question 1

D

Answer to Question 2

C





 

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