If a "Liberal" Wanted to Increase Aggregate Demand, Which of the Following

question 193

Multiple Choice

If a "liberal" wanted to increase aggregate demand, which of the following would she tend to favor?

• A)An increase in government spending, because it will increase the size of the public sector.
• B)A decrease in transfer payments, because it keeps the public sector small.
• C)An increase in transfer payments, because it has a larger multiplier than tax changes.
• D)A decrease in taxes, because it makes the public sector smaller.

Apply knowledge of standard deviation to assess the variability in probability models for real-world scenarios.

Understand the correct formatting for MLA and APA citation styles.

Recognize the importance of accurate documentation to prevent plagiarism.

Differentiate between the requirements for citing various sources (books, articles, websites) in Works Cited or References pages.

---

Definitions:

Price-level Accounting

An accounting method that adjusts financial statements to reflect changes in the purchasing power of money due to inflation or deflation.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity of the company.

Long-term Investments

Investments made with the intention of holding them for an extended period, typically more than one year, such as bonds, stocks, or real estate.

Accounts Receivable

Funds that a company is yet to receive from its customers for products supplied or services rendered but haven't been paid for.