Multiple Choice
If government spending decreases,which of the following would occur?
A) An increase in GDP,an increase in the price level,an increase in money demand,and an increase in the interest rate
B) An increase in GDP,a decrease in the price level,an increase in money demand,and a decrease in the interest rate
C) A decrease in GDP,a decrease in the price level,a decrease in money demand,and a decrease in the interest rate
D) A decrease in GDP,a decrease in the price level,an increase in money demand,and an increase in the interest rate
E) An increase in GDP,an increase in the price level,a decrease in money demand,and a decrease in the interest rate.
Correct Answer:

Verified
Correct Answer:
Verified
Q157: If a change in real GDP causes
Q158: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt=" -Refer to Figure
Q159: Which of the following describes what would
Q160: The aggregate supply curve is<br>A) the sum
Q161: Which of the following would cause the
Q163: If actual output is greater than the
Q164: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt=" -Refer to Figure
Q165: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt=" -Refer to Figure
Q166: In the aggregate demand-aggregate supply model,an increase
Q167: The average percentage markup in the economy