Exam 28: Aggregate Demand and Aggregate Supply

If the government were to decrease corporate income tax,we would predict:

Assuming an economy starts in long-run equilibrium,if the aggregate demand curve were to decrease:

When the economy is producing at a quantity greater than its long-run aggregate supply:

When the economy is creating less output than its potential,it means:

Higher interest rates motivate:

In the long run,if the prices of goods and services are higher than before:

When the U.S.price level decreases relative to the rest of the world:

Higher interest rates make it:

As the U.S.price level decreases,expenditures by which of the following will increase?

The slope of the short-run aggregate supply curve shows that:

Which of the following would likely cause aggregate demand to shift to the left?

If prices increase only in the United States,then:

In macroeconomics,the long run refers to:

If U.S.prices increase relative to the rest of the world,we would expect:

If the economy is in a recession,in an effort to move the economy to the long-run equilibrium,the government could:

An economy in which output has decreased and prices have decreased would suggest a:

The aggregate demand curve slopes downward can be explained in part through:

If a hurricane were to wipe out the majority of the eastern seaboard in the United States:

If U.S.prices increase relative to the rest of the world,we would expect:

Because the price level shares a negative relationship with aggregate expenditures on GDP,the aggregate demand curve is: