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Author Question: Which of the following is a component of aggregate demand? a. Transfer payments from government b. ... (Read 113 times)

burton19126

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on: Jun 30, 2018
Which of the following is a component of aggregate demand?
 a. Transfer payments from government
  b. Taxation by government
 c. Purchases by government
 d. Borrowing by government
 e. Saving by consumers

Question 2

Economic profit equals accounting profit minus implicit costs.
 a. True
  b. False
  Indicate whether the statement is true or false


shewald78

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

c

Answer to Question 2

True


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