Which of the following is a component of aggregate demand?
A) Net exports
B) Income
C) Government revenues
D) Interest rates
Correct Answer:
Verified
Q15: In the macroeconomic model of aggregate supply
Q16: In the macroeconomic model of aggregate supply
Q17: Which three macroeconomic variables together best describe
Q18: Consumption spending is _ the overall price
Q19: Consumption:
A) is a major component of aggregate
Q21: A(n) _ relationship exists between the price
Q22: Which component of GDP is not correlated
Q23: When the U.S. price level decreases relative
Q24: When prices rise, the interest rate:
A) also
Q25: Higher interest rates:
A) make it more expensive
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