Multiple Choice
Which of the following would shift aggregate demand to the left?
A) A study predicts that the recent drought will increase food prices this winter.
B) There is a rise in the median price of houses.
C) A rise in the price level reduces saving and increases interest rates.
D) The value of the dollar increases.
E) The European Union emerges from recession.
Correct Answer:
Verified
Correct Answer:
Verified
Q135: When the price level rises and U.S.goods
Q136: All else being equal,an increase in _
Q137: Which of the following would cause an
Q138: _ would cause a rightward shift of
Q139: Shifts in the long-run aggregate supply curve
Q141: An increase in aggregate demand is beneficial
Q142: All else being equal,as the population ages
Q143: Aggregate demand is determined by adding up
Q144: If the current short-run equilibrium level of
Q145: A rise in the price level that