Multiple Choice
Suppose consumers decrease their consumption expenditure because they worry about what their income will be in the future. There is
A) an upward movement along the aggregate demand curve.
B) a rightward shift of the aggregate demand curve.
C) a downward movement along the aggregate demand curve.
D) a leftward shift of the aggregate demand curve.
Correct Answer:
Verified
Correct Answer:
Verified
Q5: In short-run macroeconomic equilibrium<br>A) real GDP equals
Q6: If the expected future inflation rate decreases,
Q7: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -In the above
Q8: curve.<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt="curve.
Q9: _ economists believe that the economy is
Q11: An increase in the amount of human
Q12: According to the United States spends a
Q13: Which of the following is true about
Q14: Disposable income_ when_ .<br>A) decreases; aggregate income
Q155: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The table above