Explain whether the following government policies affect the aggregate demand curve or the short-run aggregate supply curve and how. a) the government reduces the minimum nominal wage. b) the government increases temporary assistance to needy families (tanf) payments, government transfers to families with dependent children. c) to reduce the budget deficit, the government announces that households will pay much higher taxes beginning next year. d) the government reduces military spending.

Consider a treasury bill with a rate of return of 5% and the following risky securities: security a: e(r) = .15; variance = .0400 security b: e(r) = .10; variance = .0225 security c: e(r) = .12; variance = .1000 security d: e(r) = .13; variance = .0625 the investor must develop a complete portfolio by combining the risk-free asset with one of the securities mentioned above. the security the investor should choose as part of her complete portfolio to achieve the best cal would be a. security a b. security b c. security c d. security d

Arecession is defined as a period in which

Adisadvantage of corporations is that shareholders have to pay on profits.