If There Are Many Sellers but Only a Few Buyers,the

question 20

True/False

If there are many sellers but only a few buyers,the sellers tend to have the most bargaining power.

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Definitions:

Automatic Stabilizers

Economic policies and programs designed to offset fluctuations in a nation's economic activity without the need for intervention by policymakers.

Expenditures

The amount of money spent on goods, services, or other expenses within a certain period.

Recessions

Periods of temporary economic decline during which trade and industrial activities are reduced, generally identified by a fall in GDP in two successive quarters.

Aggregate-Demand Curve

A curve showing the relationship between the total quantity of goods and services demanded across all sectors of an economy and the overall price level, ceteris paribus.