Reference no: EM13358804

Description of aggregate supply curve

In a command system, economic decision making is carried out by which group?
a. social infrastructure board (SIB)
b. Central planning board (CPB)
c. Central economic advisory board (CEAB)
d. Workers central board (WCB)

What does the aggregate supply curve represent in the product market?
a. the various amounts of money that the federal reserve will supply at each price level
b. the various amounts of real output that businesses will produce at each price level
c. the various amounts of real output that the government will produce at each price level
d. the various amounts of resources that households will supply at each price level

In which account in the balance of payments of the US would import of goods be recorded?
a. capital account entry
b. current account entry
c. financial account entry
d. official reserves entry