A. Internet commerce
B. Web commerce
C. Computer commerce
D. Electronic commerce
I- an increase in aggregate spending will eliminate the recession
II- a decrease in aggregate spending will reduce inflation
III- government faces contradictory goals
IV- the central bank decease money supply to reduce inflation
A. I and II only
B. III and IV only
C. I ,II and III only
D. I , II , III, and IV
A. Fall in prices due to less circulation of currency
B. Fall in employment due to declining production
C. High inflation rate combined with high unemployment and unchanged consume demand
D. None of these
A. The natural rate of unemployment
B. cyclical unemployment
C. efficiency wage unemployment
D. frictional unemployment
A. Gross investment minus household investment
B. Gross investment minus govt. Investment
C. Gross investment minus capital consumption allowance
D. None of the above
A. the long-run aggregate demand curve is horizontal at the natural rate of inflation
B. the long run aggregate demand curve is vertical at potential GDP
C. the long run aggregate demand curve is vertical at potential GDP
D. The long run supply curve is horizontal at the natural rate of inflation
A. Decrease aggregate demand
B. Always equal savings
C. Always equal national income
D. include investment and export spending