Multiple Choice
Which of the following will shift the aggregate demand curve to the left?
A) Income taxes are raised.
B) The government increases spending on education.
C) Consumers become optimistic about the future.
D) A new technology is developed that will increase profits.
Correct Answer:
Verified
Correct Answer:
Verified
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
Q5: When actual output exceeds potential output there
Q6: Exogenous changes in spending refer to changes
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 _
Q12: Refer to the accompanying figure. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6547/.jpg"