Multiple Choice
Which of the following will decrease aggregate demand, thereby shifting the curve left?
A) The interest rate increases.
B) Consumers' expectations of future income increase.
C) Government spending increases.
D) Foreign countries increase their imports of domestic goods.
Correct Answer:
Verified
Correct Answer:
Verified
Q17: Which of the following will increase aggregate
Q18: Full employment, or potential output, refers to
Q19: Country A and Country B are identical
Q20: When _ wages are sticky, an increase
Q21: An increase in the overall price level
Q23: In the upward-sloping range of the short-run
Q24: According to John Maynard Keynes, which one
Q25: According to the interest rate effect, when
Q26: In the upward-sloping range of the short-run
Q27: The real wage of workers increases when