Multiple Choice
For a given level of inflation, if there is a greater willingness by foreigners to purchase domestic goods, then the _____ shifts _____.
A) aggregate demand curve; right
B) aggregate demand curve; left
C) short-run aggregate supply line; upward
D) short-run aggregate supply line; downward
Correct Answer:

Verified
Correct Answer:
Verified
Q4: The slope of the AD curve only
Q5: Okun's law looks at the relationship between:<br>A)inflation
Q6: Keynes attempted to explain:<br>A)short-run economic fluctuations and
Q7: The aggregate-demand curve is downward-sloping because of
Q8: The aggregate-supply curve shows:<br>A)the quantity of goods
Q10: If there is an increase in both
Q11: Starting with AD₁ and AS<sub>1</sub> in the
Q12: The components of aggregate expenditure that depend
Q13: As long as aggregate supply remains constant,
Q14: The business cycle follows a regular and