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FIGURE 23-1 -Refer to Figure 23-1.Assume the Economy Is Initially in Equilibrium

Question 126

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  FIGURE 23-1 -Refer to Figure 23-1.Assume the economy is initially in equilibrium with desired aggregate expenditure equal to real GDP at point V.The price level is   .Now,suppose the AE curve shifts to   and we move to a new equilibrium level of GDP at   and point C on   .A possible cause of this change in equilibrium is A) an increase in autonomous consumption. B) an increase in desired investment. C) an exogenous fall in the price level. D) an exogenous rise in the price level. E) an increase in desired net exports. FIGURE 23-1
-Refer to Figure 23-1.Assume the economy is initially in equilibrium with desired aggregate expenditure equal to real GDP at point V.The price level is   FIGURE 23-1 -Refer to Figure 23-1.Assume the economy is initially in equilibrium with desired aggregate expenditure equal to real GDP at point V.The price level is   .Now,suppose the AE curve shifts to   and we move to a new equilibrium level of GDP at   and point C on   .A possible cause of this change in equilibrium is A) an increase in autonomous consumption. B) an increase in desired investment. C) an exogenous fall in the price level. D) an exogenous rise in the price level. E) an increase in desired net exports. .Now,suppose the AE curve shifts to   FIGURE 23-1 -Refer to Figure 23-1.Assume the economy is initially in equilibrium with desired aggregate expenditure equal to real GDP at point V.The price level is   .Now,suppose the AE curve shifts to   and we move to a new equilibrium level of GDP at   and point C on   .A possible cause of this change in equilibrium is A) an increase in autonomous consumption. B) an increase in desired investment. C) an exogenous fall in the price level. D) an exogenous rise in the price level. E) an increase in desired net exports. and we move to a new equilibrium level of GDP at   FIGURE 23-1 -Refer to Figure 23-1.Assume the economy is initially in equilibrium with desired aggregate expenditure equal to real GDP at point V.The price level is   .Now,suppose the AE curve shifts to   and we move to a new equilibrium level of GDP at   and point C on   .A possible cause of this change in equilibrium is A) an increase in autonomous consumption. B) an increase in desired investment. C) an exogenous fall in the price level. D) an exogenous rise in the price level. E) an increase in desired net exports. and point C on   FIGURE 23-1 -Refer to Figure 23-1.Assume the economy is initially in equilibrium with desired aggregate expenditure equal to real GDP at point V.The price level is   .Now,suppose the AE curve shifts to   and we move to a new equilibrium level of GDP at   and point C on   .A possible cause of this change in equilibrium is A) an increase in autonomous consumption. B) an increase in desired investment. C) an exogenous fall in the price level. D) an exogenous rise in the price level. E) an increase in desired net exports. .A possible cause of this change in equilibrium is


A) an increase in autonomous consumption.
B) an increase in desired investment.
C) an exogenous fall in the price level.
D) an exogenous rise in the price level.
E) an increase in desired net exports.

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