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What is the amount of a good or service that a consumer is willing to buy called
Demand is considered what consumers are willing and able to buy. If the product or service is too expensive, then people won't buy it because they can't afford it and there will be no demand. If it's affordable but people don't see the use, they still won't buy it and there will still be no demand. In order to create demand, a product has to be both useful and affordable. The more useful and affordable it is, the more demand there will be.
What part of the economy is involved in the study of macroeconomics
All parts
Keynes believed that the government must get involved in the economy to bring the country out of the Great Depression
True
Between 1890 and 1930 what type of economy caused leading economists to be critical of the inequalities that it had created among the people
capitalism
Keynes emphasized that income was determined by which of these
consumption, investment, and government spending
Who was Considered to be the most influential economist of the twentieth century
Keynes
This type of economics addresses the question what is
Pure economics addresses this question.
In which direction does the demand curve on a graph slant
Downward left to right
In this department the Food Safety and Inspection Service inspects food and meat processing plants to make sure the products are safe for consumers
Agriculture
Which of these should happen in order for a country to increase capital effectively
More money invested and/or saved.
What type of view of economics did the rational expectation school of economics headed by lucas and sargent take
macroeconomic
The interaction of the producer and the consumer establishes a price
True.
What department operates US Custom Service that collects duties on imports combats smuggling and other international crimes
Treasury
Which of these described they economic view of the Chicago school of economists
microeconomic
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