Author Question: If there is currently a recessionary gap, a decrease in aggregate demand would make the recessionary ... (Read 79 times)

lracut11 · **on:** Jun 30, 2018

If there is currently a recessionary gap, a decrease in aggregate demand would make the recessionary gap larger.
a. True
b. False
Indicate whether the statement is true or false

Question 2

In a market economy, _____ own(s) all the basic resources or factors of production.
a. households
b. the federal government
c. the Federal Reserve bank
d. the local government
e. business firms