Exam 28: Aggregate Demand and Aggregate Supply

As the U.S.price level increases,expenditures by which of the following will remain unaffected?

The aggregate supply curve shows the relationship between:

There is a general overall __________ relationship between the price level and ____________.

Fluctuations around the long-run aggregate supply curve:

The wealth effect:

A rise in the overall price level means that:

In macroeconomics,the long run is determined by:

The long run result of the government responding to a negative supply side shock with increased spending will be a:

Short-run decisions refer to the:

In general,it is easier to:

In the macroeconomic model of aggregate supply and aggregate demand,price is:

In the long run,a year-long drought that destroys most of the summer's wheat crops causes:

When the economy fluctuates around its long-run aggregate supply:

Which three macroeconomic variables together best describe the health of the economy?

Economic growth is:

When the U.S.price level decreases,we would expect:

When the economy is operating at a point where aggregate demand equals long-run aggregate supply,it must be true that:

When the long-run aggregate supply curve shifts right,it represents:

The quantity measure in the aggregate demand relationship is the:

The aggregate supply and aggregate demand model is used to explain: