Multiple Choice
Which of the following would most likely reduce aggregate demand (shift the AD curve to the left) ?
A) A reduced amount of excess capacity.
B) Increased government spending on military equipment.
C) An appreciation of the U.S.dollar.
D) Increased consumer optimism regarding future economic conditions.
Correct Answer:
Verified
Correct Answer:
Verified
Q37: Suppose that nominal wages fall and productivity
Q80: The fear of unwanted price wars may
Q100: The economy's long-run AS curve assumes that
Q102: Suppose that real domestic output in an
Q106: Answer the question on the basis
Q109: Answer the question on the basis of
Q122: The real-balances effect indicates that<br>A)an increase in
Q137: Productivity measures<br>A) real output per unit of
Q139: When aggregate demand declines, the price level
Q261: Per-unit production cost is<br>A) real output divided