Multiple Choice
A shift of the AD-curve to the left can be caused by
A) a decrease in taxes
B) an increase in business and consumer confidence
C) an increase in nominal money supply
D) a decrease in government transfer payments
E) a decrease in money demand
Correct Answer:

Verified
Correct Answer:
Verified
Q10: If restrictive monetary policy leads to a
Q11: To maintain a fixed level of aggregate
Q12: The natural rate of unemployment is<br>A)always zero<br>B)the
Q13: The AS-curve is horizontal or very flat
Q14: The AD-curve has a negative slope since<br>A)firms
Q16: In the Keynesian aggregate supply curve case,
Q17: A large decrease in the income tax
Q18: Which of the following is FALSE?<br>A)the AS-curve
Q19: Expansionary fiscal policy is very effective in
Q20: In the medium run, if government purchases