Solved

-Suppose the Economy Is at Point B

Question 2

Multiple Choice

-Suppose the economy is at point B. If a recession in another country decreases exports, to what point might economy move in the short run? A) It stays at point B. B) It shifts to a point such as C. C) It shifts to a point such as A. D) None of the above answers are correct because it is the SAS curve that shifts, not the AD
-Suppose the economy is at point B. If a recession in another country decreases exports, to what point might economy move in the short run?


A) It stays at point B.
B) It shifts to a point such as C.
C) It shifts to a point such as A.
D) None of the above answers are correct because it is the SAS curve that shifts, not the AD

Correct Answer:

verifed

Verified

Related Questions

Q1: A Keynesian economist believes that<br>A) the economy

Q3: The table above shows Purplelandʹs economy aggregate

Q4: In 2008, Germany passed a stimulus package

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

Q10: Suppose consumers decrease their consumption expenditure because

Q11: An increase in the amount of human