Multiple Choice
The Great Depression is characterized by a decrease in aggregate demand.Of the following factors,which would have caused aggregate demand to decrease?
A) an increase in the labor supply
B) an increase in the money supply
C) an advance in technology
D) a decrease in expected future income
E) an increase in government spending
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Input prices affect the firm's _,and output
Q17: The long-run aggregate supply curve is<br>A) vertical
Q18: It takes time for the complete effects
Q47: Dispersion of a business cycle refers to:<br>A)
Q47: Consider the following data that identifies real
Q51: All else being equal,an increase in _
Q52: The long-run average growth rate of real
Q54: When median home prices of currently owned
Q55: Referring to which segments of the economy
Q139: Shifts in the long-run aggregate supply curve