Multiple Choice
Which of the following decreases aggregate demand and shifts the AD curve leftward?
A) A tax cut
B) An increase in government expenditures on goods and services
C) A decrease in potential GDP
D) The Reserve Bank increasing the interest rate
E) An increase in the quantity of money
Correct Answer:

Verified
Correct Answer:
Verified
Q2: A rise in the money wage rate
Q3: An increase in government expenditure on goods
Q4: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8401/.jpg" alt=" -In the figure
Q5: If firms' expectations about the future become
Q6: If the Reserve Bank increases the quantity
Q8: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8401/.jpg" alt=" -In the figure
Q9: Moving along the AS curve, when the
Q10: If demand-pull inflation occurs when the economy
Q11: The real wage rate definitely falls if
Q12: In the short-run, an increase in the