Exam 12: Aggregate Demand and Aggregate Supply

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

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

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

An example of stimulus spending by the government might be:

If prices increase only in the United States, then:

U.S. goods will become relatively less expensive than goods from other countries if prices were to:

The aggregate supply curve shows the relationship between the:

One major difference between the aggregate supply curve and an individual supply curve isthe aggregate supply curve represents:

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

Consumption spending is:

When the prices of final goods and services increase more quickly than the prices of inputs, we say that:

Which of the following would cause aggregate demand to shift to the right?

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

Using Figure 1 above, if the aggregate demand curve shifts from AD3 to AD2 the result in the long run would be:

Which of the following is a component of aggregate demand?

Which of the follow is not a property of the aggregate demand curve?

The long-run aggregate supply curve represents:

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

The long-run result of government intervention in responding to a recession is:

Temporary supply shocks: