Examlex
The change in aggregate demand that results from fiscal expansion changing the interest rate is called the
Microeconomics
The branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of limited resources.
Wage Cut
A reduction in the rate of pay received by workers, often implemented by employers to reduce costs or in response to economic conditions.
Marginal Products
The additional output that is produced by employing one more unit of a variable factor of production, holding other inputs constant.
Separating Equilibrium
A situation in economics where different types of market participants can be distinguished based on their actions or decisions.
Q2: If macroeconomic policy expands aggregate demand,unemployment will
Q4: Considering a plot of the inflation rate
Q32: Part of the argument against deficits is
Q45: If the government raises government expenditures,in the
Q53: Which of the following would shift aggregate
Q70: Which of the following would shift the
Q144: In 2002 it looked like the Argentinean
Q157: For most of the 1990s,the Phillips curve
Q168: An increase in government spending initially and
Q275: Other things the same,as the price level