Author Question: Which of the following fiscal programs is least likely to affect aggregate demand? a. Defense ... (Read 32 times)

jwb375

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Which of the following fiscal programs is least likely to affect aggregate demand?
 a. Defense spending
 b. Road construction
 c. Grants for scientific research and development
  d. Social Security for women
 e. Government purchases of labor

Question 2

If a firm's marginal cost exceeds its average cost, then its average cost must be rising.
 a. True
  b. False
  Indicate whether the statement is true or false



Tabitha_2016

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Answer to Question 1

d

Answer to Question 2

True



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