Multiple Choice
The aggregate demand curve shifts when any of the following factors change EXCEPT
A) the price level.
B) foreign income.
C) fiscal policy.
D) monetary policy.
E) expectations about the future.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: In a demand-pull inflation, if the Fed
Q2: When the price level falls,<br>A)there is a
Q3: During the late 1960s, U.S. defense spending
Q4: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" - The aggregate
Q6: As the money wage rate increases,<br>A)potential GDP
Q7: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" In the figure
Q8: Over a business cycle, the quantities of
Q9: If the price of oil rises, the<br>A)AD
Q10: If real GDP is less than potential
Q11: According to the AS-AD model,<br>A)the AS curve