Multiple Choice
Use Figure: Macroeconomic Equilibrium. This figure shows four different macroeconomic equilibria for an economy. Which of the following can shift the macroeconomic equilibrium from point B to point A?
Figure: Macroeconomic Equilibrium
A) Discretionary government spending increases.
B) Federal income taxes increase.
C) Business taxes increase.
D) The money supply increases.
Correct Answer:
Verified
Correct Answer:
Verified
Q10: Suppose that a short-run macroeconomic equilibrium occurs
Q11: Which of the following variables is measured
Q12: If the short-run macroeconomic equilibrium occurs in
Q13: Which of the following variables is measured
Q14: If the short-run macroeconomic equilibrium occurs in
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