Question 1

Which of the following factors causes a shift in the aggregate demand curve to the left?

Accepted Answer

A)  increase in consumption 
B)  increase in wealth 
C)  increase in exports 
D)  decrease in government spending 
A)  increase in consumption 
B)  increase in wealth 
C)  increase in exports 
D)  decrease in government spending

Question 2

Which of the following would NOT cause a shift in the aggregate demand curve?

Accepted Answer

A)  a change in consumption spending 
B)  a change in the price level 
C)  a change in investment 
D)  a change in net exports 
A)  a change in consumption spending 
B)  a change in the price level 
C)  a change in investment 
D)  a change in net exports

Question 3

Assume initially the economy is at full employment. If aggregate demand increases, the aggregate price level and costs will _____, and ultimately, the short run aggregate supply curve shifts to the _____.

Accepted Answer

A)  rise; right 
B)  rise; left 
C)  fall; right 
D)  fall; left 
A)  rise; right 
B)  rise; left 
C)  fall; right 
D)  fall; left

Question 4

Which of the following factors is NOT a component of aggregate demand?

Accepted Answer

A)  consumption 
B)  investment 
C)  income 
D)  net exports 
A)  consumption 
B)  investment 
C)  income 
D)  net exports

Which of the following factors causes a shift in the aggregate demand curve to the left?

Which of the following would NOT cause a shift in the aggregate demand curve?

Assume initially the economy is at full employment. If aggregate demand increases, the aggregate price level and costs will _, and ultimately, the short run aggregate supply curve shifts to the _.

Which of the following factors is NOT a component of aggregate demand?

Exploring Economics

Production, Economic Growth, and Trade

Supply and Demand

Markets and Government

Introduction to Macroeconomics

Measuring Inflation and Unemployment

Economic Growth

Aggregate Expenditures

Fiscal Policy and Debt

Saving, Investment, and the Financial System

Money Creation and the Federal Reserve

Monetary Policy

Macroeconomic Policy: Challenges in a Global Economy

International Trade

Open Economy Macroeconomics

Filters

Exam 9: Aggregate Demand and Supply

Which of the following factors causes a shift in the aggregate demand curve to the left?

Which of the following would NOT cause a shift in the aggregate demand curve?

Assume initially the economy is at full employment. If aggregate demand increases, the aggregate price level and costs will _____, and ultimately, the short run aggregate supply curve shifts to the _____.

Which of the following factors is NOT a component of aggregate demand?

Exploring Economics

Production, Economic Growth, and Trade

Supply and Demand

Markets and Government

Introduction to Macroeconomics

Measuring Inflation and Unemployment

Economic Growth

Aggregate Expenditures

Fiscal Policy and Debt

Saving, Investment, and the Financial System

Money Creation and the Federal Reserve

Monetary Policy

Macroeconomic Policy: Challenges in a Global Economy

International Trade

Open Economy Macroeconomics

Filters

Assume initially the economy is at full employment. If aggregate demand increases, the aggregate price level and costs will _, and ultimately, the short run aggregate supply curve shifts to the _.