Author Question: The only way by which government can affect aggregate demand is through changes in its own ... (Read 35 times)

student77

  • Hero Member
  • *****
  • Posts: 567
The only way by which government can affect aggregate demand is through changes in its own purchases.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If a monopsony finds that its MRP is greater than its MFC, it:
 a. is doing the right thing to maximize profits.
  b. should hire fewer workers to increase profits.
  c. should hire more workers to increase profits.
  d. should pay the workers a lower wage.
  e. should produce less output.



Alyson.hiatt@yahoo.com

  • Sr. Member
  • ****
  • Posts: 354
Answer to Question 1

False

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

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

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

For a complete list of videos, visit our video library