Multiple Choice
An increase in the overall price level _____ the interest rate, which leads to a decrease in investment spending and _____ the aggregate demand curve.
A) increases; a shift in
B) increases; a movement along
C) decreases; a shift in
D) decreases; a movement along
Correct Answer:
Verified
Correct Answer:
Verified
Q16: If the marginal propensity to consume for
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
Q22: Which of the following will decrease aggregate
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