Multiple Choice
Which of the following does NOT explain the slope of the aggregate-demand curve?
A) When interest rates fall, Sleepwell Hotels decides to build some new hotels.
B) The exchange rate falls, so French restaurants in Paris buy more Canadian beef.
C) Janet feels wealthier because of the price drop, so she decides to remodel her bathroom.
D) With prices down and wages fixed by contract, Gatekeeper Computers decides to lay off workers.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Unemployment insurance and welfare programs work as
Q22: Supply-side economists believe that lowering taxes has
Q24: According to liquidity preference theory, what is
Q76: According to liquidity-preference theory, why is the
Q80: The theory of liquidity preference assumes that
Q108: How does a reduction in the money
Q109: Which of the following is consistent with
Q117: When making a case against active stabilization
Q127: Which of the following shifts money demand
Q128: Which of the following shifts money demand