Exam 9: Aggregate Demand and Supply

Use the following to answer questions Figure: Determining SRAS Shifts -(Figure: Determining SRAS Shifts)If there are advances in technology,the short-run aggregate supply curve will shift from SRAS₀ to _ and the price level will become _.

(Multiple Choice)

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Question 101

If consumers,businesses,and government want to buy more than the full-employment level of output,the result is demand-pull inflation.

(True/False)

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Question 102

Which of the following events will shift the aggregate demand curve to the right?

(Multiple Choice)

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Question 103

The more time a free market economy has to adjust to price changes,the:

(Multiple Choice)

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Question 104

One reason the amount of real output demanded declines when the aggregate price level rises is the resulting reduction in household wealth,called the:

(Multiple Choice)

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Question 105

An increase in the incomes of the countries that purchase U.S.-made products will cause a(n)_ in the ____ U.S.-made products.

(Multiple Choice)

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Question 106

During the 1970s,some countries stopped oil sales to the United States.As petroleum prices rose:

(Multiple Choice)

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Question 107

The short-run aggregate supply curve is vertical.

(True/False)

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Question 108

In Productovia,aggregate demand increases and aggregate supply decreases.Based on the shifts in these two curves,what is a likely outcome?

(Multiple Choice)

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Question 109

If the market power of firms increases,what happens in the AD/AS model?

(Multiple Choice)

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Question 110

Suppose consumers spend more than usual.In the short run,prices will ;in the long run,prices will _ from their starting point.

(Multiple Choice)

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Question 111

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

(Multiple Choice)

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Question 112

A falling aggregate price level demand for a country's exports and therefore _ output demanded.

(Multiple Choice)

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Question 113

Increased government regulation can cause the aggregate supply curve to shift to the left.

(True/False)

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Question 114

Suppose a booming stock market encourages consumption spending to rise dramatically.What would be the most likely short-run impact?

(Multiple Choice)

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Question 115

Suppose consumers spend more than usual.In the short run,output will ;in the long run,output will _ from its starting point.

(Multiple Choice)

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Question 116

The _____ is vertical at full employment.

(Multiple Choice)

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Question 117

The aggregate demand curve slopes _ and has _ on the vertical axis.

(Multiple Choice)

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Question 118

The aggregate demand curve:

(Multiple Choice)

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Question 119

Which of the following items is NOT a determinant of aggregate demand?

(Multiple Choice)

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Question 120

Showing 101 - 120 of 265

Use the following to answer questions Figure: Determining SRAS Shifts -(Figure: Determining SRAS Shifts)If there are advances in technology,the short-run aggregate supply curve will shift from SRAS₀ to _ and the price level will become _.

If consumers,businesses,and government want to buy more than the full-employment level of output,the result is demand-pull inflation.

Which of the following events will shift the aggregate demand curve to the right?

The more time a free market economy has to adjust to price changes,the:

One reason the amount of real output demanded declines when the aggregate price level rises is the resulting reduction in household wealth,called the:

An increase in the incomes of the countries that purchase U.S.-made products will cause a(n)_ in the ____ U.S.-made products.

During the 1970s,some countries stopped oil sales to the United States.As petroleum prices rose:

The short-run aggregate supply curve is vertical.

In Productovia,aggregate demand increases and aggregate supply decreases.Based on the shifts in these two curves,what is a likely outcome?

If the market power of firms increases,what happens in the AD/AS model?

Suppose consumers spend more than usual.In the short run,prices will ;in the long run,prices will _ from their starting point.

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

A falling aggregate price level demand for a country's exports and therefore _ output demanded.

Increased government regulation can cause the aggregate supply curve to shift to the left.

Suppose a booming stock market encourages consumption spending to rise dramatically.What would be the most likely short-run impact?

Suppose consumers spend more than usual.In the short run,output will ;in the long run,output will _ from its starting point.

The _____ is vertical at full employment.

The aggregate demand curve slopes _ and has _ on the vertical axis.

The aggregate demand curve:

Which of the following items is NOT a determinant 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 Macroeconomic

Filters

Exam 9: Aggregate Demand and Supply

Use the following to answer questions Figure: Determining SRAS Shifts -(Figure: Determining SRAS Shifts)If there are advances in technology,the short-run aggregate supply curve will shift from SRAS0 to _____ and the price level will become _____.

If consumers,businesses,and government want to buy more than the full-employment level of output,the result is demand-pull inflation.

Which of the following events will shift the aggregate demand curve to the right?

The more time a free market economy has to adjust to price changes,the:

One reason the amount of real output demanded declines when the aggregate price level rises is the resulting reduction in household wealth,called the:

An increase in the incomes of the countries that purchase U.S.-made products will cause a(n)_________ in the ____________ U.S.-made products.

During the 1970s,some countries stopped oil sales to the United States.As petroleum prices rose:

The short-run aggregate supply curve is vertical.

In Productovia,aggregate demand increases and aggregate supply decreases.Based on the shifts in these two curves,what is a likely outcome?

If the market power of firms increases,what happens in the AD/AS model?

Suppose consumers spend more than usual.In the short run,prices will ____;in the long run,prices will _____ from their starting point.

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

A falling aggregate price level ____ demand for a country's exports and therefore _____ output demanded.

Increased government regulation can cause the aggregate supply curve to shift to the left.

Suppose a booming stock market encourages consumption spending to rise dramatically.What would be the most likely short-run impact?

Suppose consumers spend more than usual.In the short run,output will ____;in the long run,output will _____ from its starting point.

The _____ is vertical at full employment.

The aggregate demand curve slopes _____ and has _____ on the vertical axis.

The aggregate demand curve:

Which of the following items is NOT a determinant 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 Macroeconomic

Filters

Use the following to answer questions Figure: Determining SRAS Shifts -(Figure: Determining SRAS Shifts)If there are advances in technology,the short-run aggregate supply curve will shift from SRAS₀ to _ and the price level will become _.

An increase in the incomes of the countries that purchase U.S.-made products will cause a(n)_ in the ____ U.S.-made products.

Suppose consumers spend more than usual.In the short run,prices will ;in the long run,prices will _ from their starting point.

A falling aggregate price level demand for a country's exports and therefore _ output demanded.

Suppose consumers spend more than usual.In the short run,output will ;in the long run,output will _ from its starting point.

The aggregate demand curve slopes _ and has _ on the vertical axis.