Multiple Choice
Exogenous changes in spending refer to changes in planned spending:
A) caused by changes in output.
B) caused by changes in the inflation rate.
C) caused by changes in the real interest rate.
D) not caused by changes in output or changes in the inflation rate.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: According to the text, the Fed and
Q2: Graphically the intersection of the aggregate demand
Q3: Refer to the accompanying figure. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6547/.jpg"
Q4: The self-correcting property of the economy means
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Q7: Which of the following will shift the
Q8: If policymakers deem inflation as being too
Q9: When actual output is less than potential
Q10: At short-run equilibrium inflation _ and output
Q11: The short-run aggregate supply curve shows _