The DD schedule shows_______. ( ) A: interest rate and output pairs for which aggregate demand equals aggregate output. B: exchange rate and output pairs for which aggregate demand equals aggregate output.2 C: interest rate and output pairs for which aggregate supply equals aggregate output. D: exchange rate and output pairs for which aggregate demand is greater than aggregate output.
The DD schedule shows_______. ( ) A: interest rate and output pairs for which aggregate demand equals aggregate output. B: exchange rate and output pairs for which aggregate demand equals aggregate output.2 C: interest rate and output pairs for which aggregate supply equals aggregate output. D: exchange rate and output pairs for which aggregate demand is greater than aggregate output.
When taxes increase, consumption A: increases, so aggregate demand shifts right B: increases, so aggregate supply shifts right C: decreases, so aggregate demand shifts left D: decreases, so aggregate supply shifts left
When taxes increase, consumption A: increases, so aggregate demand shifts right B: increases, so aggregate supply shifts right C: decreases, so aggregate demand shifts left D: decreases, so aggregate supply shifts left
Rising oil prices in the U.S. during the 1970s caused the economy’s ( ) A: aggregate supply curve to shift to the right. B: aggregate supply curve to shift to the left. C: aggregate demand curve to become vertical. D: aggregate demand curve to become horizontal.
Rising oil prices in the U.S. during the 1970s caused the economy’s ( ) A: aggregate supply curve to shift to the right. B: aggregate supply curve to shift to the left. C: aggregate demand curve to become vertical. D: aggregate demand curve to become horizontal.
When<br/>taxes increase, consumption () A: decreases<br/>as shown by a movement to the left along a given aggregate demand<br/>curve. B: decreases<br/>as shown by shifting aggregate demand to the left. C: increases<br/>as shown by shifting aggregate supply the left. D: None<br/>of the above is correct.
When<br/>taxes increase, consumption () A: decreases<br/>as shown by a movement to the left along a given aggregate demand<br/>curve. B: decreases<br/>as shown by shifting aggregate demand to the left. C: increases<br/>as shown by shifting aggregate supply the left. D: None<br/>of the above is correct.
Which of the following is most commonly used to monitor short-run changes in economic activity? A: the inflation rate B: real GDP C: aggregate demand D: aggregate supply
Which of the following is most commonly used to monitor short-run changes in economic activity? A: the inflation rate B: real GDP C: aggregate demand D: aggregate supply
When aggregate demand increases faster than aggregate supply, prices go up. What is this an example of? A: Demand-pull inflation B: Cost-push inflation C: Per-worker productivity D: Deflation
When aggregate demand increases faster than aggregate supply, prices go up. What is this an example of? A: Demand-pull inflation B: Cost-push inflation C: Per-worker productivity D: Deflation
The government manages to affect the level of aggregate demand through and( )monetary policy. A.commerc ial B.fiscal C.sluggish D.industrial
The government manages to affect the level of aggregate demand through and( )monetary policy. A.commerc ial B.fiscal C.sluggish D.industrial
A large decrease in the income tax rate will most likely cause A: a fairly large increase in aggregate demand B: a fairly small increase in aggregate supply C: an increase in the price level D: all of the above E: none of the above
A large decrease in the income tax rate will most likely cause A: a fairly large increase in aggregate demand B: a fairly small increase in aggregate supply C: an increase in the price level D: all of the above E: none of the above
Which of the following is NOT a result of a temporary fall in foreign demand on one country's exports under floating exchange rate? ( ) A: The AA curve shifts downwards due to reduction of money supply. B: A fall in aggregate output C: A fall in the home interest rate D: The DD curve shifts to the left due to reduction of aggregate demand.
Which of the following is NOT a result of a temporary fall in foreign demand on one country's exports under floating exchange rate? ( ) A: The AA curve shifts downwards due to reduction of money supply. B: A fall in aggregate output C: A fall in the home interest rate D: The DD curve shifts to the left due to reduction of aggregate demand.
The effective volume of aggregate is () A: Volume of solid aggregate B: volume of solid aggregate and surface voids C: volume of solid aggregate and surface voids not filled with asphalt D: volume of solid aggregate, surface voids and closed voids
The effective volume of aggregate is () A: Volume of solid aggregate B: volume of solid aggregate and surface voids C: volume of solid aggregate and surface voids not filled with asphalt D: volume of solid aggregate, surface voids and closed voids