Study with Quizlet and memorize flashcards containing terms like higher taxes mean less disposable income and less (fewer) _______., in an economy where all spending is done by households and individuals, in equilibrium, _______ equals disposable income, and savings equals zero., the activity of investment can take a variety of forms: and more.
Study with Quizlet and memorize flashcards containing terms like If the government decreases the amount of spending what shift will happen to the aggregate demand, According to interest rate effect, when the price level rises, people need what, Interest-rate effect and more.
The price of goods is the driver of supply and demand but there is no clear, direct link between aggregate demand and general price levels.
After reading reports of increased consumer confidence in the economy, firms anticipate higher expected returns on investments in the future.
The two main determinants of net exports are: -exchange rates. -national income levels.
The explosion of robotics and remote applications causes firms in the economy to purchase new devices and software.
After reading reports of increased consumer confidence in the economy, firms anticipate higher expected returns on investments in the future.
The two main determinants of net exports are: -exchange rates. -national income levels.
The explosion of robotics and remote applications causes firms in the economy to purchase new devices and software.