The curves showing the various quantities of goods and services that domestic consumers, businesses, the government, and foreign buyers collectively want to buy, at each price level, are the curves for: Choose: a. money supply and money demand b. money supply and aggregate demand c. money demand and aggregate supply d. aggregate demand and aggregate supply 2. Which of the following is an essential factor for the continuous growth process in the economy? Choose: a. research and development of new technologies and investment in new capital b. the absence of private property c. government planning for what the country will produce d. government intervention in economic activity 3. Gross domestic product excludes: Choose: a. consumption and exports b. imports of goods and services c. the inventory of accumulated capital not sold during the year d. the purchase and sale of shares in the financial market

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter20: Economic Growth In The Global Economy
Section: Chapter Questions
Problem 2P
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1. The curves showing the various quantities of goods and services that domestic consumers, businesses, the government, and foreign buyers collectively want to buy, at each price level, are the curves for:
Choose:
a. money supply and money demand

b. money supply and aggregate demand

c. money demand and aggregate supply

d. aggregate demand and aggregate supply

2. Which of the following is an essential factor for the continuous growth process in the economy?
Choose:
a. research and development of new technologies and investment in new capital

b. the absence of private property

c. government planning for what the country will produce

d. government intervention in economic activity

3. Gross domestic product excludes:
Choose:

a. consumption and exports

b. imports of goods and services

c. the inventory of accumulated capital not sold during the year

d. the purchase and sale of shares in the financial market

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