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Author Question: Which of the following fiscal programs is least likely to affect aggregate demand? a. Defense ... (Read 40 times)

jwb375

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  • Posts: 540
on: Jun 30, 2018
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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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


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