Multiple Choice
Which of the following will shift the aggregate demand curve to the left?
A) Income taxes are lowered.
B) The government increases spending on education.
C) Consumers become optimistic about the future.
D) Foreign economies fall into recession, reducing their demand for domestic exports.
Correct Answer:
Verified
Correct Answer:
Verified
Q62: Increases in inflation redistribute resources from _-spending
Q63: Refer to the accompanying figure. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6547/.jpg"
Q64: In the given figure, the economy is
Q65: If policymakers attempt to offset a favorable
Q66: Refer to the accompanying figure. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6547/.jpg"
Q68: A horizontal line showing the current rate
Q69: Graphically long-run equilibrium occurs at the intersection
Q70: At a short-run equilibrium output equals _,
Q71: When the Federal Reserve increases its target
Q72: Because decreases in inflation increase planned spending