Multiple Choice
A decrease in the price level in an economy will _____.
A) increase the real value of dollar-denominated assets
B) shift the aggregate expenditure line downward
C) decrease the equilibrium level of output demanded
D) cause an upward movement along the aggregate demand curve
E) shift the aggregate demand curve leftward
Correct Answer:
Verified
Correct Answer:
Verified
Q2: The table given below shows the
Q3: A decrease in stock prices will _
Q4: Which of the following is an effect
Q5: An increase in autonomous investment in an
Q6: As disposable income increases,_.<br>A)consumption and saving both
Q7: Which of the following is least likely
Q8: The consumption function assumes that:<br>A)only disposable income
Q9: Which of the following best describes aggregate
Q10: Fluctuations in investment:<br>A)account for almost all of
Q11: If the marginal propensity to consume (MPC)is