Multiple Choice
Which of the following is likely to lead to a decrease in aggregate demand?
A) an increase in interest rates
B) an increase in wealth
C) an increase in national income
D) an increase in government spending on goods and services.
Correct Answer:
Verified
Correct Answer:
Verified
Q43: With short-run aggregate supply,<br>A)input prices are fixed
Q44: Which of the following phrases is most
Q45: In a case of demand-pull inflation,<br>A)prices rise.<br>B)prices
Q46: A rise in aggregate demand causes which
Q47: Which of the following statements best characterizes
Q49: The difference between nominal and real GDP
Q50: The two factors that make up nominal
Q51: The Phillips Curve shows a tradeoff between<br>A)the
Q52: Which of these are excluded from the
Q53: An increase in aggregate demand will initially