Multiple Choice
Which of the following would decrease aggregate demand?
A) An increase in the relative price of domestic goods versus foreign goods
B) A decrease in the foreign exchange value of the dollar
C) A decrease in taxes
D) An improvement in consumer confidence
Correct Answer:
Verified
Correct Answer:
Verified
Q9: Aggregate demand shows the relationship between<br>A) the
Q10: Which two markets are represented in the
Q11: How is aggregate demand affected if taxes
Q12: Increases in aggregate supply result in<br>A) an
Q13: A change in the exchange value of
Q15: The circular flow diagram depicts the flow
Q16: How does increased economic uncertainty affect aggregate
Q17: When the economy is in equilibrium,<br>A) the
Q18: If economic conditions improve in other countries,
Q19: The real balance effect explains the upward