Multiple Choice
When a nonprice change affects any of the four components of GDP, the:
A) aggregate demand curve will shift.
B) economy will move up or down along the aggregate demand curve.
C) aggregate demand curve will remain unaffected.
D) aggregate supply curve will shift.
Correct Answer:

Verified
Correct Answer:
Verified
Q134: If a natural disaster causes a negative
Q135: In the short run, the aggregate supply
Q136: The figure shown displays various economic outcomes.
Q137: Which of the following is not a
Q138: A decrease in the price level will
Q140: The figure shown displays various economic outcomes.
Q141: If the aggregate demand curve shifts, moving
Q142: Who will increase spending as the price
Q143: Which three macroeconomic variables together best describe
Q144: One major difference between the aggregate supply